IKOR

IKOR franchisees provide life management and care coordination services to seniors and disabled children and adults. We coordinate the fragmented pieces of life for families who are overwhelmed with care obligations, and who don't have the medical expertise to advocate for their loved one.

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IKOR Franchise Cost and Requirements for 2024

Background

What is IKOR?

IKOR? is different from other businesses that serve the needs of the elderly and disabled.

  • No Direct Care
  • Act as Advocates for the Client
  • Create & Oversee Client's Medical, Environmental, Legal and Financial Life Plans

With this approach in mind IKOR? provides a wide range of care management services; advocacy, guardianship, care planning and coordination, financial management and routine bill-payment services. IKOR? is a unique business opportunity allowing motivated franchise owners to provide a range of badly needed services - with the support of an established organization -making a positive impact on the lives of individuals and families in their communities.

Our in-house team of highly experienced Registered Nurse Patient Advocates and Personal Needs Coordinators provide custom services. Each client's Strategic Plan is based on the unique needs of that individual. The IKOR? Approach helps families manage both short-term health crises and long-term care issues for seniors and disabled adults and children.


Our Services

Advocacy in all important life aspects:

Whether medical, environmental, or psychosocial, IKOR takes an integrated approach and provides an initial assessment, recommendations and referrals for care options, coordinated communications among care providers, ongoing quality assurance, and periodic reports and meetings with all parties involved (client, family, caregivers, etc.).

Guardian of person or estate:

From complete guardianship to a simple power of attorney, clients' best interests are always the primary focus when selecting the right solution for issues that require guardianship or other legal arrangements.

Together, your dedicated team can analyze and monitor all important aspects of the client's life, such as configuration of the living environment, assuring availability of necessary items, and the coordination of all prior, current, and future financial demands. The overall benefits you provide - and that make IKOR different from other service providers - include the fact that information and guidance are provided by a highly-skilled, single source, within a cost-conscious platform, and by a neutral party with whom both client and family members can feel comfortable.


What has IKOR? meant to its clients?

Everything we've done from the day we started IKOR was with the idea of expanding and offering our important advocacy services across the country. Franchising just always seemed to be a natural part of the overall plan. But now we need people like you to complete the picture. When you join IKOR? as a franchise owner, you will provide greatly needed advocacy and oversight services to meet the needs of clients in your own protected territory. But it's about much more than owning a business - it's about making an impact and creating a legacy. It's about having a passion and putting that passion to good use, by becoming a "voice" for the elderly and disabled. We hope you'll share our vision and dedication to providing critical advocacy services to people who need them most.


What We Provide:

The IKOR? USA organization is dedicated to providing both the start-up support and the ongoing assistance you need to establish and operate an efficient and effective advocacy services business. You'll have the full backing of our organization, our years of experience, our professional affiliations with major national associations, and our wide array of support services, including proprietary technology tools and training.

  • 2 weeks of Training at our corporate offices in Pennsylvania
  • Details on how to identify the key relationships needed in your marketplace
  • 3 Days of Training and Marketing Assistance at your location including setting appointments with the key relationships mentioned above
  • Our proprietary Datikorsm system which brings all client data, invoicing information, and employee/payroll information into one seamless system
  • National Account relationships for Trust Management Services with major financial institutions such as Wells Fargo/Wachovia, and Citibank/Morgan Stanley
  • Ongoing support for the life of your business

If you have a true desire to help those who need help and want your work to have a meaning, we invite you to learn more about us!


Next Steps

Take the Next Step toward being your community's solution for the issues of the elderly and the disabled

IKOR? has identified the need, and developed the solution to address the specific medical, financial, and other life issues of its clients. Our philosophy and individualized focus, our network of contacts, plus our deep understanding of various options, programs, and facilities all become yours when you join IKOR?.

What we seek in return is your dedication to providing services and intervention focused solely on the client. We expect you to accept each client and situation as unique and individual, and that you use your business and relationship-building skills, plus your compassion, to help ensure your clients' needs are met in the most appropriate manner. It can be a highly-rewarding venture, in so many ways. Contact us today to find out more about the IKOR? franchise program and begin your journey toward discovering if IKOR? is right for you.

Company Details

Established: 1991
First Unit Franchised: 2008
Franchised Units: 24
Company Owned Units: 0
States Registered In: 48
Canada Franchises: No
International Franchises: No

Support and Training Offered By IKOR

Financial Assistance Provided: No
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Recruiting Assistance: Yes
Co-Operative Advertising: No


Training: 2 week training

2024 Franchise Requirements Needed to Own a IKOR Franchise.

What does a IKOR Franchise Cost?

IKOR franchise fees for 2024:

Total Investment: $83,200-$135,833
Minimum Net Worth: N/A
Franchise Fee: 35,000
Royalty: 8%
Ad: 0
Average Number of Employees: 2
Item 19: Yes
SBA Approved: Yes
Passive Ownership: No
Home Based: No
B2B: No
Master Franchise Opportunities: No
Special Discount Programs: VetFran

Is IKOR a Semi Absentee Franchise with a Passive Ownership Opportunity?

No. IKOR is not a semi absentee franchise. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations.

Is IKOR a Home Based franchise?

No. IKOR is not a home based franchise opportunity.

What Do IKOR Franchise Owners Make?

Click here to find out how much IKOR franchisees make. IKOR offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is IKOR a Master Franchise Opportunity?

No. IKOR is not a master franchise opportunity.

Does IKOR Offer a Veteran Discount?

Yes. IKOR franchise does offer a veteran discount.

Does IKOR Work with E2 Visa and EB-5 Visa Candidates?

Yes. IKOR franchise does work with E2 Visa and EB-5 Visa candidates.

Is IKOR Looking for Franchisees in Canada?

No. IKOR franchise is not looking for Canada franchisees.

Is IKOR Looking for International franchisees?

No. IKOR franchise is not looking for International franchisees.

Where can I see IKOR'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.

Additional Information

Additional Categories

Senior Care, Non Food Franchises

Number of Units Open

20-50 UNITS

Cash Required

$100,000 - $250,000

Master Franchise

No

Passive Franchise

No

Home Based Franchise

No

Item 19 Franchise

Yes

Veteran Discount

No

B2B

No

Franchise Opportunities in Canada

No

International Franchise Opportunities

No

E2 Visa Franchise

Yes

IKOR Franchises for Sale

Click Here to inquire about existing IKOR franchises for sale. We may have IKOR franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.