Start-Up Costs and Fees |
||
| Majestic Residences | A Right Place For Seniors | |
| Investment | 108090 - 860400 | 61225 - 83875 |
| Franchise Fee | ||
| Royalty Fee | 6% | 8% |
| Advertising Fee | 2% | |
| Year Founded | 2020 | 2012 |
| Year Franchised | 2020 | 2014 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Majestic Residences | A Right Place For Seniors | |
| Experience | ||
Financing Options |
||
| Majestic Residences | A Right Place For Seniors | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Majestic Residences | A Right Place For Seniors | |
| Training | On-The-Job Training: 3 days Classroom Training: 5 days | |
| Support | Meetings/Conventions Toll-Free Line Online Support Field Operations | |
| Marketing | Co-op Advertising National Media | |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 2 | |
Expansion Plans |
||
| Majestic Residences | A Right Place For Seniors | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Majestic Residences | |
| A Right Place For Seniors | |
| Franchise Fee | |
| Majestic Residences | |
| A Right Place For Seniors | |
| Royalty Fee | |
| Majestic Residences | 6% |
| A Right Place For Seniors | 8% |
| Advertising Fee | |
| Majestic Residences | |
| A Right Place For Seniors | 2% |
| Year Founded | |
| Majestic Residences | 2020 |
| A Right Place For Seniors | 2012 |
| Year Franchised | |
| Majestic Residences | 2020 |
| A Right Place For Seniors | 2014 |
| Term Of Agreement | |
| Majestic Residences | |
| A Right Place For Seniors | |
| Renewal Fee | |
| Majestic Residences | |
| A Right Place For Seniors | |
Business Experience Requirements |
|
| Experience | |
| Majestic Residences | |
| A Right Place For Seniors | |
Financing Options |
|
| Franchise Fees | |
| Majestic Residences | |
| A Right Place For Seniors | |
| Start-up Costs | |
| Majestic Residences | |
| A Right Place For Seniors | |
| Equipment | |
| Majestic Residences} | |
| A Right Place For Seniors | |
| Inventory | |
| Majestic Residences | |
| A Right Place For Seniors | |
| Receivables | |
| Majestic Residences | |
| A Right Place For Seniors | |
| Payroll | |
| Majestic Residences | |
| A Right Place For Seniors | |
Training & Support |
|
| Training | |
| Majestic Residences | |
| A Right Place For Seniors | On-The-Job Training: 3 days Classroom Training: 5 days |
| Support | |
| Majestic Residences | |
| A Right Place For Seniors | Meetings/Conventions Toll-Free Line Online Support Field Operations |
| Marketing | |
| Majestic Residences | |
| A Right Place For Seniors | Co-op Advertising National Media |
| Operations | |
| Majestic Residences | |
| A Right Place For Seniors | Absentee Ownership Allowed Number of Employees Required to Run: 2 |
Expansion Plans |
|
| US Expansion | |
| Majestic Residences | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| A Right Place For Seniors | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Majestic Residences | |
| A Right Place For Seniors | |
| International Expansion | |
| Majestic Residences | |
| A Right Place For Seniors | |