What does it Cost to Own a Your Choice Senior Care Franchise?
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Interested in owning your own in-home senior franchise business?
Here is a breakdown of the costs associated with investing in a Your Choice Senior Care franchise.
With territories larger than our competitors, a standardized technology platform and impeccable training, You Choice Senior Care franchises offer franchise owners the opportunity to easily be profitable within the first year of business. Our accelerated start-up process, with two weeks of hands-on training in your franchise market, will put you on a path towards revenue immediately.
Your Choice Senior Care is one of the most affordable in-home senior care franchise opportunities available. We are a growing business in a growing industry with the ability to serve our communities while providing our franchise owners significant earning potential.
What does it cost to own and operate a Your Choice Senior Care franchise?
Our franchise fee is
$45,000
total investment to open a franchise ranges from
$87,800 to $134,500
Detailed franchise start up costs
Here’s the Your Choice Senior Care FDD Item 7 detailing the specific startup costs of our franchise offering:
| Type of Expenditure | Estimated Amount Low High |
Method of Payment | When Due | To Whom Payment is to Be Made |
|
| Initial Franchise Fee (1) | $45,000 | $45,000 | Lump Sum | Upon Agreement | Us |
| Start-Up Kit |
$4,000 | $4,000 | Lump Sum | Upon Agreement | Us |
| Franchise Location – Rent/Security Deposit (2) | $1,000 | $3,000 | As Arranged | As Incurred | Landlord |
| Leasehold Improvement (3) | $0 | $2,000 | Lump Sum | As Incurred | Service Providers |
| Supplies | $500 | $1,500 | On Arranged Terms | As Incurred | Supplier |
| Signage (4) | $300 | $2,000 | Lump Sum or On Arranged Terms | As Incurred | Supplier |
| Utility Deposits, Licenses, Permits | $500 | $2,000 | Lump Sum or On Arranged Terms | As Incurred | Suppliers |
| Professional Fees (5) | $500 | $2,000 | As Arranged | As Arranged | Approved Suppliers |
| Computer Hardware and Software | $2,000 | $3,000 | Lump Sum or On Arranged Terms | As Incurred | Suppliers |
| Travel and Living Expenses while Training | $1,500 | $4,000 | As Arranged | As Arranged | Employees/Suppliers |
| Insurance (6) | $2,000 | $4,000 | As Arranged | As Arranged | Insurance Carrier |
| Additional Funds – Initial 3 Months (7) | $30,000 | $60,000 | Lump Sum or On Arranged Terms | As Incurred | Suppliers |
| State Fees (8) | $0 | $6,000 | Lump Sum | As Incurred | State Authority |
| Consultant Fees for License Procurement |
$0 | $10,000 | As Arranged | As Incurred | Approved Suppliers |
| Total Estimated Initial Investment (9) | $87,800 | $150,500 | |||
Serving your community through a business model designed for profitability
At Your Choice Senior Care, our owners lead by example. With a hands-on, “we’re in this together” approach and years of senior care industry knowledge and experience, our leadership team is dedicated to the success of the franchise owner.
Ready to open a Your Choice Senior Care franchise?
Introduction Call (5-10 mins)
Step 1
We’ll answer initial questions and talk about qualifications.
Exploratory Call (1 hr)
Step 2
We’ll get to know each other further and share details on how we help you to succeed.
Complete Candidate Profile (10 Mins)
Step 3
Once completed we will: Send you the FDD and introduce you to lending contacts if required
Schedule FDD review (30-45 mins)
Step 4
Speak with President of Franchising to ask questions on FDD, Territories, etc.
Discovery Day
Step 5
Visit our home office and meet with Your Choice Senior Care CEO, Joe Soles
UFAQ/Franchise Agreements
Step 6
Upon mutual agreement, we will send you your Franchise Agreement.
YOU are a Franchisee of Your Choice Senior Care
Step 7
Plug into our brand, and aggressively start the onboarding and training process.
Why invest in a Your Choice Senior Care franchise?
Your Choice Senior Care helps make this possible for our clients. We serve families through an affordable franchise model, providing our franchise owners with tremendous earning potential.
FREE INDUSTRY OUTLOOK:
The Amazing Potential of the In-Home Senior Care Industry
Learn about the in-home senior care industry, our accelerated startup process and the detailed training and support we offer for new franchise owners.