Do you want to start an assisted living facility by buying a franchise? If YES, here are 10 best assisted living franchise opportunities for sale and their cost.

The Assisted Living Facility industry provides accommodation and personal care services to the elderly and individuals who are unable to fully care for themselves due to ailment or disability.

Basically, businesses in the Assisted Living industry provide a significant range of services such as independent living, assisted living, skilled nursing and a combination of these, which are usually referred to as continuing care retirement communities. Any business that mainly provide skilled nursing are not included in this industry.

The US Census Bureau categorizes this type of facility as homes for the elderly and continuing care retirement communities. According to the U.S. Census Bureau, the population of individuals in the united states of America between the ages of 65 and 84 is estimated to increase by 38.8 percent between 2010 and 2020, while the population above the age of 85 is also projected to increase by 18.7 percent.

The increase in the aging population will definitely create a large market for the Assisted Living Facility industry. So, if you are considering starting an assisted living facility business, then opting for the franchise model of starting a business is one sure way to go especially if you want to avoid the teething process associated with startups.

The cost of care survey 2018 says that the national median cost for assisted living per month is $4,000 which breaks down to around $133 per day (and adds up to $48,000 per year). So, if you want to buy an assisted living facility franchise, here the best assisted living facility franchises to buy in the United States of America;

10 Best Assisted Living Facility Franchise Opportunities and Their Cost

  1. Assisting Hands Home Care

Assisting Hands Home Care is a standard home health care, and respite care that was founded in 2006 and they started franchising in 2006, about 13 years ago. They have their corporate head office at 5700 E. Franklin Rd., #105 Nampa, ID 83687 and the current CEO of the company is Lane Kofoed.

Assisting Hands Home Care has relationships with third-party sources which offer financing to cover franchise fee, startup costs, and payroll. The company is seeking new franchise units throughout the U.S. and in the following regions/states: Canada, Mexico, and South America.

Financial Requirements

  • Initial Investment – $77,050 – $149,000
  • Net-worth Requirement – $200,000
  • Liquid Cash Requirement – $50,000
  • Initial Franchise Fee – $45,000 – $45,000
  • Ongoing Royalty Fee – 5-4%
  • Ad Royalty Fee – 0.5%
  • Veteran Incentives – 10% off franchise fee
  1. Accessible Home Health Care

With over 19 years of industry experience and strong leadership, Accessible Home Health Care has developed a proven Business model that will help you profit from one of the fastest growing industries while making the right home care solutions available to your neighbors.

Accessible Home Health Care is a privately-owned, full-service home health care company. They provide the best medical and companion care, care management, and medical staffing services.

Financial Requirement and Info

  • Minimum Cash Required – $100,000
  • Veterans – 10% discount offered
  1. Acti-Kare Responsive In-Home Care

Acti-Kare has become an industry leader by offering high quality, compassionate home care to seniors and others needing assistance, such as new mothers and their children, those recovering from surgery or other ailments, and even pets. Acti-Kare offers a complete suite of caregiver services, utilizing a variety of settings, including in-home, in assisted living facilities, in retirement communities, and to the general public.

Acti-Kare franchisees provide superior caregiving services to the whole family in the comfort of their own homes. Franchise owners manage a staff of trained caregivers that utilize the proprietary ACTI-VATE Program to help our clients live happier, more active lives.

Financial Requirement and Info

  • Minimum Cash Required – $30,000
  • Financing Assistance – Yes, through a third party.
  • Veterans – Please inquire for further details.
  • Financing Available – Additional funding may be available through franchisor. Please inquire for further details.
  1. BrightStar Care®

BrightStar Care provides clients skilled as well as non-skilled in-home health care designed to improve their health and quality of life and ease the caregiving burden on their loved ones. Their franchisees earn accreditation from The Joint Commission, a nationally recognized healthcare standards organization that accredits renowned facilities like the Mayo Clinic.

The Joint Commission has named BrightStar Care an “Enterprise Champion for Quality” for six consecutive years thanks to the systems and training they have in place to help senior care franchisees and the staff deliver a Higher Standard of Care.

BrightStar Care offers in-house financing to cover accounts receivable and also they have relationships with third-party sources which offer financing to cover franchise fee, startup costs, equipment, inventory, accounts receivable, and payroll.

BrightStar Care is seeking new franchise units throughout the U.S. and in the following regions/states: Asia, Australia/New Zealand, Canada, and Western Europe.

Financial Requirements

  • Initial Investment – $93,048 – $154,307
  • Liquid Cash Requirement – $150,000
  • Initial Franchise Fee – $50,000 – $50,000
  • Ongoing Royalty Fee – 5.25%
  • Ad Royalty Fee – 3%
  • Veteran Incentives – $5,000 off first-unit franchise fee
  1. BeeHive Homes Assisted Living

Bee Hive Homes Assisted Living Franchises are a unique new approach to assisted living that allows smaller homes to excel in competitive markets. Bee Hive Homes franchise owners benefit from over 20 years of assisted living home best practices which were gleaned from franchising over 120 homes across 14 states.

You will benefit from their experience as you move from the initial stages of site selection through your operational training and marketing training and into the day to day operation of your own home.

Financial Requirements and Info

  • Cash Investment – $280,000
  • Investment Range – $250,000 – $1,000,000
  • Franchise Fees – $50,000
  • Financing Available – No
  • Franchise Units – 150

Financial Requirement and Info

  • Minimum Cash Required – $150,000
  1. Golden Heart Senior Care

Golden Heart Senior Care is a premiere healthcare services company that provides in-home, non-medical client services, including companion care, personal care and assisted living placement to senior citizens and others that require caregiver services and relocation assistance.

In-home care franchise owners are in a unique position to offer affordable, high-quality home care services to seniors in need, while also being part of an industry predicted to expand for the next several decades. Golden Heart Senior Care offers in-home care franchise opportunities to hard-working investors who are willing to put in the effort to build a business through referrals, personal relationships and a commitment to excellent care.

Financial Requirement and Info

  • Minimum Cash Required – $45,000
  • Financing Assistance – Yes, through a third party.
  • Financing Available – SBA lenders and retirement fund rollover companies
  1. Amada Senior Care

Amada Senior Care is a home care and assisted-living placement company that was founded in 2007 and the started franchising since 2012, that is about 7 years ago. They have their corporate head office at 901 Calle Amanecer, #350 San Clemente, CA 92673 and the current CEO of the company is Tafa Jefferson.

Please note that the Parent Company of Amada Senior Care is Amada Franchise Inc. and they have relationships with third-party sources which offer financing to cover franchise fee, startup costs, equipment, inventory, accounts receivable, and payroll. The company is seeking new franchise units throughout the United States of America.

Financial Requirements

  • Initial Investment – Low – $85,010 / High – $178,154
  • Net-worth Requirement – $250,000
  • Liquid Cash Requirement – $150,000
  • Initial Franchise Fee – $42,000 – $48,000
  • Ongoing Royalty Fee – 5%
  • Ad Royalty Fee – 1%
  • Veteran Incentives – 10% off franchise fee
  1. Always Best Care

Established in 1996, Always Best Care began awarding franchises in 2007, and is now one of the leading senior care franchise systems in the United States. Always Best Care is the only senior services franchise system that combines non-medical in-home care, assisted living finder services and skilled home health care to create three potential revenue streams for our franchisees.

Financial Requirement and Info

  • Available Locations – Available across the United States
  • Minimum Cash Required – $60,000
  • Financing Assistance – Yes, through a third party
  • SBA Approved – Yes
  1. Options For Senior America

The largest and fastest growing segment of the population is comprised of seniors over the age of 65. These will constitute the majority of your Options For Senior America clients. People are living longer and life expectancy continues to grow annually, making care for older adults a true growth business.

Options For Senior America is your exciting opportunity to enter the booming senior care market with a proven home care franchise that delivers many benefits, including the largest exclusive territory in the industry, premier training and support, and much more.

Financial Requirement and Info

  • Available Locations – Franchises available throughout the United States.
  • Minimum Cash Required – $50,000
  • Financing Assistance – Yes, through a third party.
  • SBA Approved – Yes
  • Veterans – Member of VetFran. Veterans discount offered.
  1. A Place at Home

A Place at Home is a senior-focused care company offering a continuum of care services including companion and licensed personal care, care coordination, staffing solutions to senior care communities, medication administration services, and placement services that assist seniors in finding the next place to call home.

This whole-view approach recognizes that everyone’s situation is different, and the need for reliable, varied and consistent services from the same company is essential to allowing seniors to age gracefully.

Financial Requirement and Info

  • Available Locations – Available in the United States. Excludes: HI, ND, NY, SD.
  • Minimum Cash Required – $100,000
  • Financing Assistance – Yes, through a third party.
  • SBA Approved – Yes