Start-Up Costs and Fees |
||
| Mastercare | Aging Excellence | |
| Investment | 117800 - 215450 | 33700 - 51200 |
| Franchise Fee | ||
| Royalty Fee | 5% | |
| Advertising Fee | ||
| Year Founded | 2012 | 1999 |
| Year Franchised | 0 | 2003 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Mastercare | Aging Excellence | |
| Experience | ||
Financing Options |
||
| Mastercare | Aging Excellence | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Mastercare | Aging Excellence | |
| Training | Initial pre-start up training In house administrative training | * Available at headquarters: 1 week * At franchisee's location: 2 days * Other training available |
| Support | Accounting Home Care Management Software systems Troubleshooting | * Meetings * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives |
| Marketing | Design support Events e.g. Senior Fairs Mass mailing support Print support Media: Broadcast and Internet Start up and ongoing marketing support | * Co-op advertising * Ad slicks * Regional advertising |
| Operations | * Franchise can be run from home * 100% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 14 - 14 * Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Mastercare | Aging Excellence | |
| 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 | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Mastercare | |
| Aging Excellence | |
| Franchise Fee | |
| Mastercare | |
| Aging Excellence | |
| Royalty Fee | |
| Mastercare | |
| Aging Excellence | 5% |
| Advertising Fee | |
| Mastercare | |
| Aging Excellence | |
| Year Founded | |
| Mastercare | 2012 |
| Aging Excellence | 1999 |
| Year Franchised | |
| Mastercare | 0 |
| Aging Excellence | 2003 |
| Term Of Agreement | |
| Mastercare | |
| Aging Excellence | 5 years |
| Renewal Fee | |
| Mastercare | |
| Aging Excellence | |
Business Experience Requirements |
|
| Experience | |
| Mastercare | |
| Aging Excellence | |
Financing Options |
|
| Franchise Fees | |
| Mastercare | |
| Aging Excellence | |
| Start-up Costs | |
| Mastercare | |
| Aging Excellence | |
| Equipment | |
| Mastercare} | |
| Aging Excellence | |
| Inventory | |
| Mastercare | |
| Aging Excellence | |
| Receivables | |
| Mastercare | |
| Aging Excellence | |
| Payroll | |
| Mastercare | |
| Aging Excellence | |
Training & Support |
|
| Training | |
| Mastercare | Initial pre-start up training In house administrative training |
| Aging Excellence | * Available at headquarters: 1 week * At franchisee's location: 2 days * Other training available |
| Support | |
| Mastercare | Accounting Home Care Management Software systems Troubleshooting |
| Aging Excellence | * Meetings * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives |
| Marketing | |
| Mastercare | Design support Events e.g. Senior Fairs Mass mailing support Print support Media: Broadcast and Internet Start up and ongoing marketing support |
| Aging Excellence | * Co-op advertising * Ad slicks * Regional advertising |
| Operations | |
| Mastercare | |
| Aging Excellence | * Franchise can be run from home * 100% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 14 - 14 * Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Mastercare | 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 |
| Aging Excellence | |
| Canada Expansion | |
| Mastercare | |
| Aging Excellence | |
| International Expansion | |
| Mastercare | |
| Aging Excellence | |