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.

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.