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Updated RecentlyAegin Place vs Mastercare Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Aegin Place vs Mastercare including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $46,300 - $84,500 | $117,800 - $215,450 |
| Franchise Fee | N/A | $28,000 - $37,000 |
| Royalty Fee | - | - |
| Advertising Fee | - | - |
| Year Founded | - | 2012 |
| Year Franchised | - | 0 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | - | Initial pre-start up training In house administrative training |
| Support | - | Accounting Home Care Management Software systems Troubleshooting |
| Marketing | - | Design support Events e.g. Senior Fairs Mass mailing support Print support Media: Broadcast and Internet Start up and ongoing marketing support |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Aegin Place
Welcome to Aegin Place!
Assisted Living In Your Own Home
For many older adults, the greatest desire they have is to remain in their own home for as long as possible as age advances. If a live-in companion service is affordable and comparable to assisted living options, most older adults opt for a live-in companion relationship. Aegin Place has emerged as an agency that matches qualified companions with older adults for long term home assignments at an affordable price. Our insured live-in companions can assist older adults in maintaining a self-sufficient status in their own home.
The goal of the program is to facilitate older adults with daily activities on a live-in basis as an alternative to an assisted living center, boarding home or nursing home placement.
Hourly care is available upon request.
The Benefits and Safeguards of Our Services
Aegin Place has been providing live-in companion services for over 3 years. We have extensive background in case management. When you use Aegin Place you can be assured of the following:
- Care coordination is an integral part of any companion placement.
- Before we place a live-in companion a free assessment helps determine the suitability of a home companion placement.
- Extensive companion background checks occur before any placement occurs.
- Companions are placed on live-in and hourly basis only.
- Franchises are required to have liability insurance.
- Our live-in companions are screened extensively and the company has liability insurance.
- Weekly reporting is required by all live-in companions.
- Ongoing case management occurs throughout the placement by a registered nurse.
Our services can help you or a loved one maintain independence. Aegin Place will coordinate care and work with existing agencies, family members, caregivers or trustees.
About Mastercare
!["Mastercare]("https://fddexchange.com/wp-content/uploads/2020/10/Mastercare-300x99.png")
.Mastercare intends
for our franchisees to get the biggest bang for their buck in regards to
the territory you are purchasing.
You are opening your franchise to not
only help people in your local community, but also to ensure you are
able to make a living.
Mastercare
Franchise territories will service a population of approximately 75,000
to 250,000 people. For the initial Franchise Fee of $37,000 *,
your territory is designed by zip codes, political or geographical
boundaries. Your territory is PROTECTED, meaning that Mastercare will
not sell another franchise within that defined territory throughout the
life of your contract. We will help you evaluate the demographics of the
area you are considering for your territory based on the geographic
location, population, and isolation, etc.
Mastercare
also understands that small, rural towns need just as much Homecare
(and Healthcare) support as urban areas. Because of geographical
barriers, owning a franchise in a rural area may not allow for as large
of a client base. To encourage services in rural and underserved
populations, Mastercare offers smaller territories, populations between
10,000 and 74,999 people, at a reduced Rural Franchise Fee of $28,000 *.
Royalties under your Franchise Agreement are among the lowest in the industry. The Mastercare franchise royalty fee structure follows a descending scale based on gross revenues.
The franchise is not a home-based business and must be operated from a commercial office location.