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Below is an in-depth analysis and side-by-side comparison of AristoCare vs The Senior's Choice including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $148,900 - $259,400 | $45,000 - $65,000 |
Franchise Fee | $36,000 | $29,000 |
Royalty Fee | 6% | Membership: $500/month (with 30-day written notice to discontinue membership. No ongoing royalties) |
Advertising Fee | - | - |
Year Founded | 1999 | 1999 |
Year Franchised | 2003 | 2007 |
Term Of Agreement | 10 years | 5 years |
Term Of Agreement | 10 years | 5 years |
Renewal Fee | $5K | - |
Business Experience Requirements |
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Experience | - | Minimum Net Worth: $100,000 Average Number Of Employees: 2 full time staff, 40 caregivers Passive Ownership: No |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | No/Yes |
Start-up Costs | No/Yes | No/No |
Equipment | No/Yes | No/No |
Inventory | No/Yes | No/No |
Receivables | No/Yes | No/No |
Payroll | No/Yes | No/No |
Training & Support |
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Training | Additional training available as needed | The Senior's Choice provides extensive training and support to its members They receive 4 days of initial training where they learn all aspects of the business and the tools and resources that are available to them. After training, they enroll in a 90-day coaching program with our dedicated Trainer and Coach. In addition, support is available by phone and email during normal business hours. The Senior's Choice also hosts regularly scheduled regional "next-level" educational and networking events, as well as an annual conference. |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, Ad slicks, Regional advertising | - |
Operations |
0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 Absentee ownership of franchise is NOT allowed. | 4 Primary Advantages:
1. We charge No Royalty Fees, just a flat monthly fee of $500 - This results in huge savings and much greater take-home earnings compared with their industry franchise competitors. 2. Franchises sign No Long-Term Contracts - Their membership with us is month to month and they can cancel at any time with 30 days notice. This requires management to provide exceptional value to its owners every day, or risk losing residual revenue due to canceled memberships. That said; our retention rate is impressively high. 3. Franchisees establish their Individual Brand Identity - Senior care is one industry where franchise brand recognition is less than 1%. Therefore, our owners have the advantage of developing their own unique brand identity and representing themselves as a locally owned/operated business - which clients prefer. 4. Franchisees are free to customize their business according to their wishes/needs - While we provide our Members/owners with complete operating systems, business framework and best-practices; they are free to customize their business according to their needs and desires. This enables them to adapt their business and services according to the unique demands of their local market and to take advantage of any revenue opportunities that they feel are beneficial to them. |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
AristoCare is a comprehensive home health agency. We are dedicated to providing quality, reliable, and cost effective care to our clients and their families. All of our offices are locally owned and operated. Our Owner and Founder Dana Rambow, RN, is nationally recognized, specializing in Home Healthcare for over 25 years. AristoCare provides professional staff, which is thoroughly screened, to clients in the comfort of their own home, hospital or facility setting. Our goal is to keep seniors living independently as long as possible, aging with dignity while providing a safe environment. Each case is unique so our care plan is individualized based on the client's needs. Our RN and Service Coordinator are on-call 24 hours a day, 7 days a week. Our flexibility in providing care, follow-up and communication is what makes AristoCare the agency of choice for many seniors.