Oasis Senior Advisors is a service that offers senior living placement, referral, and advisory services. The franchise assists families in finding the right care options, such as independent living, assisted living, and memory care communities.
Key Insights
- Oasis Senior Advisors began its journey by addressing a critical need within the senior care landscape, evolving into a network dedicated to simplifying the complex process of finding suitable senior living options for families. The business model focuses on personalized guidance and support.
- The franchise operates by connecting families with a network of pre-screened senior living communities, offering a consultative approach to navigate choices. Advisors work individually with clients to understand their specific needs and preferences, facilitating informed decisions.
- The senior care industry is experiencing growth, driven by demographic shifts and an increasing demand for specialized housing and support services for older adults. This presents a dynamic market for businesses that can effectively serve this population.
Franchise Fee and Costs to Open
Exploring the financial picture of Oasis Senior Advisors gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $67,589 - $113,739, along with a franchise fee of $40,000 - $80,000.
Financial Performance and Revenue
Yearly gross sales of $154,715 and estimated earnings of $27,849 - $38,679 show the potential financial performance of this franchise. These figures are crucial for prospective franchisees as they help to project revenue and profitability. They offer insight into the business's ability to generate income and can be used to compare its performance against other investment opportunities. The Franchise Payback Period of 3.7-5.7 provides an estimation of the time it might take for an owner to recover their initial investment. This metric is a key consideration for anyone evaluating the financial viability of a franchise, as it relates directly to the speed at which the business can become profitable. A shorter payback period can indicate a faster return on capital, which is a significant factor in making an informed decision about a franchise investment.
Training and Resources
Oasis Senior Advisors provides comprehensive training. Initial training is two weeks long and takes place at their corporate office. They offer extensive resources covering all aspects of the business model. This includes guidance on client acquisition, operational best practices, and ongoing support. Oasis Senior Advisors recommends leveraging these resources for success.
Legal Considerations
Legal considerations for a Oasis Senior Advisors franchisee are defined by the Franchise Disclosure Document (FDD) and the Franchise Agreement. This franchise does not disclose lawsuits or bankruptcy information in its FDD, but prospective franchisees should still review all terms thoroughly. Consultation with a qualified attorney is essential before making commitments.
Challenges and Risks
A franchisee may encounter considerations regarding local market saturation of senior living referral services, demanding a focused approach to client acquisition. Navigating the operational intricacies of client needs assessment and placement, while maintaining strong relationships with a diverse network of senior care providers, presents ongoing management tasks. Furthermore, reliance on a consistent flow of qualified leads and access to up-to-date information on facility availability and care offerings are key operational dependencies.
Franchise Datasheet
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