The Haven Family Care vs Senior Care Authority Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of The Haven Family Care vs Senior Care Authority including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
The Haven Family Care Franchise
Senior Care Authority Franchise
Investment N/A$20,000 - $245,400
Franchise Fee $15,000$10,000 - $52,500
Royalty Fee -8%
Advertising Fee --
Year Founded -2009
Year Franchised -2014
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
The Haven Family Care Franchise
Senior Care Authority Franchise
Experience -Although professional service or sales experience can be a plus – Senior Care Authority will provide you with hands-on technical training before you open your “doors” for business and will be there for you every step of the way as you learn how to run and operate your location.

Financing Options

 
The Haven Family Care Franchise
Senior Care Authority Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/Yes
Start-up Costs -/--/Yes
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
The Haven Family Care Franchise
Senior Care Authority Franchise
Training

At The Haven headquarters in Raleigh, North Carolina we train you on everything you'll need to build a solid foundation in the business. Additionally, we give you extensive ongoing training in your own location on effective and precise operational procedures. Most importantly, our senior staff will personally stand by your side to assist you in implementing our proven method for regional business development through networking, PR, local advertising campaigns and direct interaction with business owners and management groups in your area. The result; we will teach you all the skills you need to build a strong regional presence for your assisted living franchising business!

Our training program incorporates a self-paced home study industry curriculum including training taught by specialists in nursing, geriatric care, assisted living, in-home care, dementia, hospital administration, elder law attorneys and placement. Further training includes technology and business development, territory development training and mentoring. Upon completion of training, a 3-day site-visit at your location and a one-on-one coaching and mentoring program for 3+ months. All franchisees receive ongoing mentoring for the life of their franchise as needed.
Support

Professional, personal relationship management skills necessary to achieve your goals in building your senior care business. Our support services will provide you with years of accumulated knowledge and expertise through the following individualized support elements: Regional target customer referral identification Senior staff onsite support Direct business development assistance � broker relationships Corporate Website Management SEO for Regional Toll-free technical support Networking with strategic partners and management team members Professional management software Operations manuals Technical data and forms PR and Publicity

-
Marketing -Ad Templates National Media Social media SEO Website development Email marketing Loyalty program/app
Operations -Absentee Ownership Allowed

Number of Employees Required to Run: 1 - 3


Expansion Plans

 
The Haven Family Care Franchise
Senior Care Authority Franchise
US Expansion NoYes
Canada Expansion -Yes
International Expansion --

Company Overviews

About The Haven Family Care

The Haven has an impressive potential ROI for a franchise owner. With low overhead, a low start-up cost for a business and applicability in just about any market, the concept is financially sound. A franchise owner after five years in business is projected to do $323,960 in revenue with EBITDA of $65,949 in addition to an operator salary of $56,275. These numbers are extremely impressive in the franchise marketplace and will help make The Haven brand much more marketable and sustainable. We of course will not be guaranteeing any success or levels of profitability, but with a large margin for error, a franchisee can be much less effective than we have projected and still have a successful business. 20 percent ROI plus manager's salary - The rule in the franchise industry is that the business model should be able to do at least a 20% ROI by the end of the second year in business. The Haven model easily allows for this standard with EBITDA in year two at $55,894 and 46% ROI on cash for a franchisee by the end of the second year. Financially speaking, this model is as solid and attractive of an offer as you can find in the franchise marketplace. Operationally sound - The Haven model is operationally structured to be efficient and simple in nature allowing for ease of duplication in new markets. The corporate location of The Haven will be used as a goal and ideal example of what this franchise can become. With good management and the guidance of The Haven's franchise program, a franchisee can strive to build an organization as well-managed and structured as the business in Raleigh, NC. Adaptable nationally - The Haven model is certainly adaptable nationally, the concept is almost indiscriminant of the market it is located in. In all markets, the concept has been very successful and proven the sturdiness of The Haven concept. In most parts of the U.S., the population of seniors is increasing as well as the number of disabled people who need home care services. This is a booming market that with good marketing and motivated franchisees could work just about anywhere it seems. Public acceptance - The American public wants to be at home when they need extra care. The idea of going to a nursing home or assisted living facility is generally looked down upon. The key will be for The Haven to continue to provide professional, high-quality service with a focus on truly providing great care to the Residents. That will continue to build brand equity and value for The Haven throughout the franchise system.

About Senior Care Authority

Senior Care Authority has a unique franchised organization that has a national network of professionals helping families locate the best long-term living options for their loved ones.  We’ve establish confidence from our clients by meeting them personally and guiding them through often difficult decisions in the placement process. Our reputation is untarnished in each community we operate in, provide dependable, reliable marketing and referrals to generate new customers and leverage technology, systems and processes that have been proven to produce consistent and profitable results.
Our Primary Services:
Senior Placement
ElderCare Consulting

Why Senior Care Authority?

The total investment necessary to begin operation of a Senior Care Authority® business is between $20,000 and $82,400. This includes between $10,000 to $53,150 that must be paid to the franchisor or its affiliates.
The total investment necessary to begin operation of a Senior Care Authority® Multi-Unit business will be between $105,000 and $245,400, with a minimum of $95,650 and a maximum of $216,150 that must be paid to the franchisor or its affiliates.

Veteran Incentives  Royalty fees waived for first year

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