
MN- Senior Living Referral Franchise – Fast Growing & Highly Profitable
Home-based. No inventory. This franchise provides a FREE RESOURCE to seniors and their families to help them find SENIOR LIVING COMMUNITIES, whether that be an assisted living, memory care, or independent living community. The communities pay a fee that is typically 70% - 75% of a community's monthly bed fee. Look at the service as one that is quite similar to your service as a consultant, only for families searching for assisted senior living options for loved ones. Implementing a clear process, and leveraging comprehensive support, our franchisees focus on the model’s 3 SIMPLE components: BUILD INVENTORY (communities), DEVELOP REFERRAL SOURCES (social workers, hospital discharge nurses, geriatric professionals), and HELP FAMILIES (consultant personally, determine needs, provide guidance and empathy, and introduce to the right communities). This is satisfying business because you are able to help families in a meaningful way at a difficult stage in their lives.
Price: $225,000
Location: Hennepin County, Minnesota
Industry: Service Business
Total Sales: $161,000
Cash Flow: $123,000
Inventory Included: Yes
Year Established: 2018
Employees: 1
Facilities Information: Home Based
Reason For Sale: Retirement
Training & Support: The Franchisor will provide initial training, ongoing support, helplines, field support, annual meetings, advertising, central purchasing, etc. – Seller will provide onsite training as transition support as well to ensure a smooth handoff.
Competition: Our reputation means rarely losing opportunities to the competition.
Potential Growth: Growth doubled from 2019 to 2021. It leveled off between 2021 and 2022, which was a result from the owner's decision to remain a one-person operation. If a new owner chooses to hire additional staff, the growth could be at least 20% and possibly higher.