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Below is an in-depth analysis and side-by-side comparison of Sarah Adult Day Services vs Executive Care including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $261,000 - $280,000 | $99,650 - $169,900 |
Franchise Fee | $34,900 | $44,900 |
Royalty Fee | 10% | 5% |
Advertising Fee | - | - |
Year Founded | 1985 | 2004 |
Year Franchised | 2000 | 2012 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | Q:Do I need a health care background to manage the center? A:No. Some of our most successful franchisees have business, marketing and/or sales backgrounds. Having a formal healthcare background and/or training is not necessary. Prior franchise experience is helpful. Q:Do I have to be on site to manage the daily operations of my center? A:No, we will assist you in hiring an Executive Director who will manage the center. You will be expected to have weekly meetings and unannounced visits to your center to ensure your Executive Director is fulfilling their obligations. | Optimistic Strong management and/or marketing sales backgrounds Readiness to learn and a passion to succeed. A minimum net worth of $200,000 to $300,000 and at least $100,000 liquid capital available for investment into the business Able to work long hours Not afraid of financial risks Supporting spouse and/or family Exceptional time-management skills and ability to multi-task Commitment to the mission, principles and guidelines of the Executive Care franchise system Commitment to your Executive Care business, your clients and your community If this describes you, and YOUR goals line-up with OUR goals, we want to begin a discussion with you. |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
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Training | - | Executive Care has developed a comprehensive one-week instructional and hands-on training program to guide new owners every step of the way as they move toward opening their own Executive Care business. The training takes place at our corporate offices in Hackensack, New Jersey. You will learn about the administrative and operational sides of the business and specific sales and marketing techniques for a home care franchise. You will also spend time with Executive Care operations managers, patient coordinators and home care marketers to learn and experience the inner-workings of a fully-functional home care agency. You will receive hands-on training in our computer software platform, which includes scheduling, billing and payroll functions, customer relationship management (CRM), and a proprietary intranet for easy communication between franchisees and Executive Care franchise team. |
Support | Newsletter, Toll-free phone line, Grand opening, Field operations/evaluations | After opening of your own Executive Care business, we are committed to supporting you and your team to address any needs you may have regarding recruiting, networking, business planning, marketing and growth. Executive Support Program For the first 12 months of your operations, you'll be enrolled in the Executive Support Program. In this program, a support person will be assigned to you and will be dedicated to answering all of your questions as you develop and grow your new Executive Care business. |
Marketing | Ad slicks, National media | - |
Operations |
50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 - 15
Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
At SarahCare Adult Day Care, we create a vibrant and social community for your senior loved one to enjoy their day while receiving the care and support they need. Because our care is provided in centers with a specially trained staff, we can handle your loved one's complex health-related needs. Family caregivers will have peace of mind knowing their aging parent or senior loved one is spending the day in a safe, fun and socially engaging environment while receiving expert care. For you, we simplify and co-ordinate their care so you can spend time enjoying being with your aging loved one instead of feeling stressed and overwhelmed trying to manage their health. For them, we handle the difficult issues that in-home care and assisted living won't and usually aren't qualified to handle - at a cost that is significantly less than other care options such as assisted living, in-home care and nursing home care.