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Majestic Residences

Majestic Residences is a Residential Assisted Living Home franchise where seniors live in a group residential setting in a regular everyday neighborhood. Franchisees purchase or lease a residential home and license it through their state to house seniors who need non-medical care.

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Majestic Residences Franchise Cost and Requirements for 2024

Background

Do you want to get into the senior care industry but don't want to get involved with the saturated and heavy commitment of an in-home care franchise? Majestic Residences might be the semi-passive franchise opportunity for you. Majestic Residences is a Residential Assisted Living Home franchise which provides ono-medical care for 6 to 16 seniors in a residential state-licensed care home.

Think of it as a small assisted living facility, just in a regular residential neighborhood. You can purchase a home or lease one with our model. We will assist you in getting licensed, marketing, training and hiring of the small staff that you will need to run a great home.

This opportunity is semi-passive as you will hire an administrator who will run the day to day operations of the business. It's a two-fold business as revenue comes from the monthly fees that the senior pays as well as the long term increased value of the real estate. The Senior Care industry is booming, why compete with the thousands of other franchisees in the in-home care world when you can be in the senior care industry for less money and less hours. Come join the already proven successful owners and operators of Majestic Residences.

Company Details

Established: 2020
First Unit Franchised: 2021
Franchised Units: 30 awarded / 16 operational
Company Owned Units: 0
States Registered In: Alabama - AL, Alaska - AK, Arizona - AZ, Arkansas - AR, California - CA, Colorado - CO, Connecticut - CT, Delaware - DE, Florida - FL, Georgia - GA, Hawaii - HI, Idaho - ID, Indiana - IN, Iowa - IA, Kansas - KS, Kentucky - KY, Louisiana - LA, Maine - ME, Massachusetts - MA, Michigan - MI, Minnesota - MN, Mississippi - MS, Missouri - MO, Montana - MT, Nebraska - NE, Nevada - NV, New Hampshire - NH, New Jersey - NJ, New Mexico - NM, North Carolina - NC, Ohio - OH, Oklahoma - OK, Oregon - OR, Pennsylvania - PA, Rhode Island - RI, South Carolina - SC,  Tennessee - TN, Texas - TX, Utah - UT, Vermont - VT,  West Virginia - WV, Wisconsin - WI, Wyoming - WY
Canada Franchises: No
International Franchises: Yes

Support and Training Offered By Majestic Residences

Financial Assistance Provided: No direct financing but have lender relationships
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Recruiting Assistance: Yes
Cooperative Advertising: No


Training: 3 Phases of Initial Training - Training entails a combination of Self-Study, in person / classroom training in Arizona and on-site training, in the Home. The total training will last approximately 2 weeks spread out over the three phases.

PLUS: Continuous training via national webinars and regional coaching clinics and our National Convention held annually

IT Platforms: A unique cloud based residential care specific Medical Health Records technology designed to easily manage residents and staff records and documentation to stay within state regulations. Exclusive incontinence detection technology

Franchisor handles all website, social media and SEO for franchisees. Franchisee will focus on their marketing within their local area.

2024 Franchise Requirements Needed to Own a Majestic Residences Franchise.

What does a Majestic Residences Franchise Cost?

Majestic Residences franchise fees for 2024:

Cash Investment: $150,000 - $250,000
Total Investment: $133,190 - $870,185
Minimum Net Worth: $500,000
Franchise Fee: $49,500
Royalty: 6%
Ad: $0 

Technology: $300/mth
Item 19: No
Average Number of Employees: 6
Visa Candidates: Yes
Passive Ownership: Yes
Home-Based: Yes
B2B: No
Master Franchise Opportunities: Yes
Veteran Discount: No

Is Majestic Residences a Semi Absentee Franchise with a Passive Ownership Opportunity?

No. Majestic Residences 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 Majestic Residences a Home Based franchise?

Yes. Majestic Residences is a home based franchise opportunity.

What Do Majestic Residences Franchise Owners Make?

This information is not available. Majestic Residences does not offer an Item 19 in their Franchise Disclosure Document.

Is Majestic Residences a Master Franchise Opportunity?

Yes. Majestic Residences is a master franchise opportunity. A master franchisee is responsible to recruit, train and support franchisees in their territory.

Does Majestic Residences Offer a Veteran Discount?

No. Majestic Residences franchise does not offer a veteran discount.

Does Majestic Residences Work with E2 Visa and EB-5 Visa Candidates?

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

Is Majestic Residences Looking for Franchisees in Canada?

No. Majestic Residences franchise is not looking for Canada franchisees.

Is Majestic Residences Looking for International franchisees?

Yes. Majestic Residences franchise is looking for International franchisees.

Where can I see Majestic Residences'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, Real Estate, Non Food Franchises

Number of Units Open

LESS THAN 20 UNITS

Cash Required

$100,000 - $250,000

Master Franchise

Yes

Passive Franchise

No

Home Based Franchise

Yes

Item 19 Franchise

No

Veteran Discount

No

B2B

No

Franchise Opportunities in Canada

No

International Franchise Opportunities

Yes

E2 Visa Franchise

Yes

Majestic Residences Franchises for Sale

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

Franchises Similar to Majestic Residences

ReefPoint Business Services, Talem Home Care, BrightStar Care, Happier At Home, SAFE HOMECARE, At Home Eldercare, KIKA Stretch Studios, Hallmark Homecare, Blue Moon Estate Sales, Acti-Kare, Visiting Angels, Home Instead, Granny Nannies, Accessible Home Health Care, Amramp Accessibility

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.

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