What does a Avendelle Assisted Living Franchise Cost?
Avendelle Assisted Living franchise fees for 2024:
Here's the breakdown of Avendelle's initial
investment (We'll award single units, but we're looking for entrepreneurs
that want to open a minimum of 3 to 10+ units):
|
Ownership Options
|
Number of Homes
|
Franchise Fee
|
Estimated Initial Investment Range (Including franchise fee)
|
|
Single Home
|
1 Home
|
$40,000
|
$118K - 792K
|
|
Neighborhood Package
|
3 Homes
|
$96,000 (20% Discount)
|
$254K - $1.6MM
|
|
Regional Package
|
4 Homes
|
$120,000 (25% Discount)
|
$446,100 - $5,125,464
|
|
Region Package
|
5 Homes
|
$140,000 (30% Discount)
|
$477K - $3.91MM
|
|
Operator or Conversion
|
Unlimited
|
$12,000 per Home
|
$20K - $126KVisa Candidates: Yes
|
Other Financial
Terms:
- 10%
Veteran Discount!
- Minimum Net Worth: $100,000
- Royalty: 6% monthly of gross revenues
- Ad
Fund: 1% monthly of gross revenues
- Item
19: Not yet, but coming in 2024
- Average Number of Employees: 4-6 employees for a single unit.
The entrepreneur will achieve optimal scale by owning 3 to 10+
homes where the homes can share employees, management, and other
resources.
Ownership
Models:
- Semi-Passive Ownership: Yes.
- The franchisee will likely be involved in each
property's acquisition, build/remodel, and licensing. Once the home
opens, the franchisee can hire experienced staff to run the
business.
- Home-Based: The franchise can and will most likely work from
their own residence. However, the franchisee cannot live in the
Avendelle assisted living home. However, our franchisees don't need
to secure additional office space or storefronts.
- Master Franchise Opportunities: not offered. However, there's
no limit to how many homes a franchisee can own under the Avendelle
system. Think of this: every middle-class to high-end neighborhood
in America needs at least 1 Avendelle home. The need for assisted
living homes throughout the country
Is Avendelle Assisted Living a Semi Absentee Franchise with a Passive Ownership Opportunity?
Yes. Avendelle Assisted Living is a semi absentee franchise and allows passive ownership. A semi-absentee franchise is a business you could start and run while still maintaining a job or other obligation.
Is Avendelle Assisted Living a Home Based franchise?
No. Avendelle Assisted Living is not a home based franchise opportunity.
What Do Avendelle Assisted Living Franchise Owners Make?
This information is not available. Avendelle Assisted Living does not offer an Item 19 in their Franchise Disclosure Document.
Is Avendelle Assisted Living a Master Franchise Opportunity?
Yes. Avendelle Assisted Living is a master franchise opportunity. A master franchisee is responsible to recruit, train and support franchisees in their territory.
Does Avendelle Assisted Living Offer a Veteran Discount?
Yes. Avendelle Assisted Living franchise does offer a veteran discount.
Does Avendelle Assisted Living Work with E2 Visa and EB-5 Visa Candidates?
Yes. Avendelle Assisted Living franchise does work with E2 Visa and EB-5 Visa candidates.
Is Avendelle Assisted Living Looking for Franchisees in Canada?
Yes. Avendelle Assisted Living franchise is looking for Canada franchisees.
Is Avendelle Assisted Living Looking for International franchisees?
Yes. Avendelle Assisted Living franchise is looking for International franchisees.
Where can I see Avendelle Assisted Living's FDD (Franchise Disclosure Document)?
Buying a Franchise Guide: What is a Franchise Disclosure Document?
When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.
Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.