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Updated RecentlyOasis Senior Advisors vs My Place Hotels Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Oasis Senior Advisors vs My Place Hotels including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $59,290 - $93,490 | $4,108,050 - $5,709,950 |
| Franchise Fee | $40,000 - $70,000 | $30,000 |
| Royalty Fee | 10% | - |
| Advertising Fee | - | - |
| Year Founded | 2013 | 2014 |
| Year Franchised | 2014 | 2014 |
| 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 | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Oasis Senior Advisors
Oasis Senior Advisors™ Helps You Find the Right Place
As the number of seniors in the country grows faster than other segments of the population, the need for compassionate, high-quality living options becomes more important than ever. Oasis Senior Advisors® offers seniors and their families a trusted and knowledgeable guide to help them navigate the choices and find the one that’s just right for their lifestyle, budget, preferences, and care needs.At the heart of Oasis Senior Advisors is people who truly care about making a difference in the lives of our clients. As a franchisee, you’ll have access to our proprietary software, OasisIQ™, to assist you in providing personalized service and standout results to every senior with whom you work. Our business model allows you to offer your referral services to your clients for FREE to further ease their burden during this time of change and uncertainty.
The estimated total initial investment necessary to begin operation of a franchised Oasis Senior Advisors® business ranges from $59,290 to $93,490. This includes approximately $50,000 to $70,000 that must be paid to the franchisor or its affiliates. The franchisor bases their Initial Franchise Fee on a rate of $0.10 for each person in your Territory, which will typically have 400,000 people.
About My Place Hotels
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Launched in 2014, My Place Hotels is America’s foremost extended stay hotel chain.
The brand was founded on the principles of delivering superior quality
and the highest customer service for our guests, while at the same time,
providing our franchisees with a uniquely effective business model.
At My Place Hotels, ensuring the safety and security of our guests and hotel associates remains our highest priority. To build upon that commitment, we have launched a program to enhance already high standards for the long-term health and safety of our guests and team members.