Franchimp Summary Rating
Higher than 54% of peers
Franchise Summary
Description
The franchised business being offered is Trua Senior Living Locators, a business that provides senior living placement services through one-on-one consultations, comprehensive assessments, personalized tours, and related services.
Corporate Structure
The franchisor is Senior Living Locators Franchising, LLC, a Kentucky limited liability company established on July 5, 2023, with its principal business address at 39 Sunnymede Drive, Fort Mitchell, Kentucky 41017.
Franchise Types Available
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Employee Contact Database
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Trua Senior Living Locators Franchise System Development in 2024
FAQ
How much investment do I need to start my own Trua Senior Living Locators business?
Franchisees typically require at least $74,000 to $116,900 investment to get their Trua Senior Living Locators business started
What are the initial franchise fees for Trua Senior Living Locators?
Franchisees typically need to pay at least $52,500 in fees directly to Trua Senior Living Locators in order to earn the right to launch their business
How much money can I make with a Trua Senior Living Locators franchise? What are
the average revenues for a typical Trua Senior Living Locators business?
We haven’t done the math on how much revenue a typical
Trua Senior Living Locators brings in each year. We estimate that other
franchisees in the Professional Services industry generate
$932,459 revenue, so we would expect
Trua Senior Living Locators to generate a similar amount
How long do I need to commit to running a Trua Senior Living Locators unit? What
is my contractual commitment?
Trua Senior Living Locators franchisees are typically required to sign up to a
10 year contract initially. The renewal length
is 10 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
The Franchisor's investment costs ranges from
$74,000 to $116,900
which is
Much Higher
than the $0 to $0 average in the Consulting Services industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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