Start-Up Costs and Fees |
||
| Keepsake Companions | Sarah Adult Day Services | |
| Investment | 57671 - 116521 | 261000 - 280000 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 10% |
| Advertising Fee | 2% | |
| Year Founded | 2009 | 1985 |
| Year Franchised | 2012 | 2000 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Keepsake Companions | Sarah Adult Day Services | |
| Experience | Experience in providing care and in running a business will be extremely helpful. Also, we feel these skills will be very advantageous to a franchisee. Compassion for seniors, and people in general. An entrepreneurial mindset. A desire to serve others and your community. Being comfortable with people and a good communicator. Willing to sell. | Q:Do I need a health care background to manage the center? A:No. Some of our most successful franchisees have business, marketing and/or sales backgrounds. Having a formal healthcare background and/or training is not necessary. Prior franchise experience is helpful. Q:Do I have to be on site to manage the daily operations of my center? A:No, we will assist you in hiring an Executive Director who will manage the center. You will be expected to have weekly meetings and unannounced visits to your center to ensure your Executive Director is fulfilling their obligations. |
Financing Options |
||
| Keepsake Companions | Sarah Adult Day Services | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Keepsake Companions | Sarah Adult Day Services | |
| Training | ||
| Support | Newsletter, Toll-free phone line, Grand opening, Field operations/evaluations | |
| Marketing | Ad slicks, National media | |
| Operations | absentee or part time owner? NO | 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 - 15 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) |
Expansion Plans |
||
| Keepsake Companions | Sarah Adult Day Services | |
| US Expansion | Florida, Georgia, Indiana, Michigan, North Carolina, Ohio, Pennsylvania, Texas | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Keepsake Companions | |
| Sarah Adult Day Services | |
| Franchise Fee | |
| Keepsake Companions | |
| Sarah Adult Day Services | |
| Royalty Fee | |
| Keepsake Companions | 5% |
| Sarah Adult Day Services | 10% |
| Advertising Fee | |
| Keepsake Companions | 2% |
| Sarah Adult Day Services | |
| Year Founded | |
| Keepsake Companions | 2009 |
| Sarah Adult Day Services | 1985 |
| Year Franchised | |
| Keepsake Companions | 2012 |
| Sarah Adult Day Services | 2000 |
| Term Of Agreement | |
| Keepsake Companions | |
| Sarah Adult Day Services | 10 years |
| Renewal Fee | |
| Keepsake Companions | |
| Sarah Adult Day Services | |
Business Experience Requirements |
|
| Experience | |
| Keepsake Companions | Experience in providing care and in running a business will be extremely helpful. Also, we feel these skills will be very advantageous to a franchisee. Compassion for seniors, and people in general. An entrepreneurial mindset. A desire to serve others and your community. Being comfortable with people and a good communicator. Willing to sell. |
| Sarah Adult Day Services | Q:Do I need a health care background to manage the center? A:No. Some of our most successful franchisees have business, marketing and/or sales backgrounds. Having a formal healthcare background and/or training is not necessary. Prior franchise experience is helpful. Q:Do I have to be on site to manage the daily operations of my center? A:No, we will assist you in hiring an Executive Director who will manage the center. You will be expected to have weekly meetings and unannounced visits to your center to ensure your Executive Director is fulfilling their obligations. |
Financing Options |
|
| Franchise Fees | |
| Keepsake Companions | |
| Sarah Adult Day Services | |
| Start-up Costs | |
| Keepsake Companions | |
| Sarah Adult Day Services | |
| Equipment | |
| Keepsake Companions} | |
| Sarah Adult Day Services | |
| Inventory | |
| Keepsake Companions | |
| Sarah Adult Day Services | |
| Receivables | |
| Keepsake Companions | |
| Sarah Adult Day Services | |
| Payroll | |
| Keepsake Companions | |
| Sarah Adult Day Services | |
Training & Support |
|
| Training | |
| Keepsake Companions | |
| Sarah Adult Day Services | |
| Support | |
| Keepsake Companions | |
| Sarah Adult Day Services | Newsletter, Toll-free phone line, Grand opening, Field operations/evaluations |
| Marketing | |
| Keepsake Companions | |
| Sarah Adult Day Services | Ad slicks, National media |
| Operations | |
| Keepsake Companions | absentee or part time owner? NO |
| Sarah Adult Day Services | 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 - 15 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Keepsake Companions | |
| Sarah Adult Day Services | Florida, Georgia, Indiana, Michigan, North Carolina, Ohio, Pennsylvania, Texas |
| Canada Expansion | |
| Keepsake Companions | |
| Sarah Adult Day Services | |
| International Expansion | |
| Keepsake Companions | |
| Sarah Adult Day Services | |