SarahCare provides adult day care services with social, healthcare, and specialized programs for seniors and individuals with disabilities. The franchise promotes active, engaged senior living.
Key Insights
- SarahCare has a long-standing presence, built on a foundation of providing adult day care services. The franchise focuses on creating a supportive environment for seniors, offering a range of social, recreational, and health-related activities designed to enhance their well-being and provide respite for caregivers.
- The business operates by offering a daily program within a dedicated facility. Participants engage in structured activities, receive assistance with personal care needs, and benefit from social interaction, all under the supervision of trained staff. This model addresses the growing demand for senior support services.
- The senior care industry is experiencing significant growth due to demographic shifts. SarahCare is positioned within this expanding market, addressing the need for accessible, community-based care solutions that promote independence and quality of life for older adults.
Franchise Fee and Costs to Open
Exploring the financial picture of SarahCare 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 $415,690 - $913,350, along with a franchise fee of $34,900 - $34,900.
Financial Performance and Revenue
Yearly gross sales of $553,963 and estimated earnings of $99,714 - $138,491 show the potential financial performance of this franchise. These figures are crucial for prospective franchisees as they help to project revenue and profitability. They offer insight into the business's ability to generate income and can be used to compare its performance against other investment opportunities. The Franchise Payback Period of 6.6-8.6 provides an estimation of the time it might take for an owner to recover their initial investment. This metric is a key consideration for anyone evaluating the financial viability of a franchise, as it relates directly to the speed at which the business can become profitable. A shorter payback period can indicate a faster return on capital, which is a significant factor in making an informed decision about a franchise investment.
Training and Resources
SarahCare provides comprehensive training for new franchisees. This initial program is typically two weeks long and conducted at SarahCare headquarters. They offer extensive operational guidance and recommend best practices for business setup. Resources include a detailed operations manual and ongoing support.
Legal Considerations
Legal considerations for a SarahCare 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
Navigating local market dynamics presents a primary consideration, as understanding existing healthcare providers and patient needs is crucial for establishing a unique position. The operational complexity inherent in healthcare delivery, from staff management to regulatory compliance, requires diligent attention. Furthermore, reliance on specific medical supply chains and equipment vendors necessitates robust vendor relationships and contingency planning to ensure uninterrupted service provision.
Franchise Datasheet
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