Age Advantage is a home care agency providing non-medical assistance to elderly clients. The franchise offers services like companionship, personal care, and help with daily living tasks.
Key Insights
- Age Advantage originated from founders understanding that customers deserved significantly better options than what was currently available in the marketplace, leading to development of comprehensive service solutions that prioritize quality, reliability, and exceptional customer experiences.
- Daily assistance services range from medication reminders and mobility support to companionship and household management, always respecting client independence and personal preferences while ensuring safety and well-being in familiar home environments that promote dignity and comfort.
- Industry trends favor businesses that can adapt quickly to changing regulations, customer preferences, and market conditions while maintaining quality standards, creating competitive advantages for organizations that invest in training, technology, and customer-focused service approaches.
Franchise Fee and Costs to Open
Exploring the financial picture of Age Advantage gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $59,830 - $103,000, along with a franchise fee of $35,000 - $35,000.
Financial Performance and Revenue
Training and Resources
Age Advantage provides comprehensive initial training, lasting two weeks, held at their corporate headquarters. This program offers extensive insights into operations and brand standards. The franchisor also offers ongoing support resources and recommends best practices for business development.
Legal Considerations
Legal considerations for a Age Advantage franchisee are outlined in the Franchise Disclosure Document (FDD) and the Franchise Agreement. Note that this franchise discloses lawsuits and/or bankruptcy information in its FDD, which may impact your evaluation. Subscribe now to access more details and be sure to consult a qualified attorney before proceeding.
Challenges and Risks
Operating an Age Advantage franchise involves considering local market dynamics, understanding the complexities of healthcare service delivery, and maintaining reliable relationships within specific supply chains for medical equipment and consumables. Navigating these elements is key to a successful operation.
Franchise Datasheet
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