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Elder-Well

Elder-Well

Elder-Well franchises offer individualized, non-medical, social-supportive day services to aging adults, including assistance with activities of daily living, companionship, medication and nutrition support, cognitive and physical therapies, and services for those with dementia or mild cognitive impairments. The business model involves operating centers using the franchisor's proprietary system, trademarks, training, and operational procedures within an approved location and licensed service area. The target market is aging adults needing community-based care and their primary caregivers seeking respite, consultation, and alternatives to long-term care facilities.

2locations
$131K–$508K
Since 2019
ServicesWayland, MAwww.elderwelladultday.comDisclaimer

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Franchise Costs

Franchise Fee
$48,500
Initial Investment
$130,900 – $507,650
Royalty Rate
6.00%
Brand Fund
2.00%
Fixed Monthly Fees
$150 – $150

6% royalty + 2% brand development fund + $150/mo technology fee

Financial Performance


Item 19 Financial Performance

Average Gross Revenue
$537,258.26
Average Net Profit
$312,522.45

Data Based On: Financial performance data based on one affiliate-owned location for January 1 - December 31, 2024, with hypothetical adjustments for a franchisee replacing the Program Director with an owner-operator. No franchised businesses were open in 2024.

* Revenue is from the 'Elder-Well Adult Day Program' table, representing an affiliate-owned location's performance for 2024. The 'average_net_profit' is derived from the hypothetical adjusted figures provided for a franchisee replacing the Program Director with an owner-operator (note 8). The adjusted Payroll is $82,957.25 and the adjusted Net Profit is $312,522.45. Other expenses (COGS-Other, Operating Expenses, Misc. Expenses) are assumed to remain the same as the affiliate-owned location: COGS-Other ($20,216.76), Operating Expenses ($115,005.41), and Misc. Expenses ($6,556.39). Total Adjusted Expenses = $82,957.25 (Adjusted Payroll) + $20,216.76 (COGS-Other) + $115,005.41 (Operating Expenses) + $6,556.39 (Misc. Expenses) = $224,735.81. Adjusted Net Profit = $537,258.26 (Revenue) - $224,735.81 (Total Adjusted Expenses) = $312,522.45. This calculated value matches the explicitly stated adjusted Net Profit figure. As no range was provided for this specific adjusted scenario, the 'best_guess_profit_low' and 'best_guess_profit_high' are set to this single adjusted net profit value. Gross Profit and EBITDA could not be accurately calculated or were not explicitly defined with sufficient detail.

Extracted Item 19 Section

Avg. Revenue: $537,258

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Elder-Well Franchise Analysis

In an era where America's aging population demands innovative care solutions, Elder-Well carves a niche with non-medical adult day centers focused on companionship and daily support. The 2025 FDD's Item 19 unveils unit financials that spotlight revenue potential in this high-demand sector. But with franchising just since 2019 and a modest footprint, is this a breakout opportunity or one requiring deeper scrutiny?

Item 7 details a wide initial investment spectrum of $130,900 to $507,650, anchored by a $48,500 franchise fee, suiting various scales from modest centers to fuller operations. Fees comprise 6% royalty, 2% brand/ad fund, plus a $150 monthly technology charge—standard yet manageable for service models. Item 19 shines with average gross revenue at $537,258 per unit, and a precise estimated profit of $312,522, translating to roughly 58% margins that outpace many senior care peers and underscore efficient operations amid respite care trends.

System maturity shows 2 franchise locations alongside 3 corporate ones, with 4 projected new units signaling controlled expansion from Wayland, MA headquarters. This youth—franchising since 2019—means robust training and proprietary systems are critical, yet low unit count flags risks in market saturation or support depth. For investors, these figures paint Elder-Well as a high-margin play in dementia and cognitive care alternatives, but validate via location-specific viability against booming caregiver needs.

Analysis based on the 2025 Franchise Disclosure Document. All figures should be independently verified before making investment decisions.

How Elder-Well Compares

Key Insights

  • Higher investment than 79% of Senior Care franchises
FranchiseInvestmentFeeRoyaltyLocations
Elder-Well
Current
$131K – $508K$49K6.0%2
SYNERGY HOME CARE$80K – $164K$55K5.0%626
RIGHT AT HOME$75K – $119K$50K5.0%566
Visiting Angels$125K – $171K$65K3.0%541
SENIOR HELPERS$149K – $221K$55K5.0%355
ALWAYS BEST CARE SENIOR SERVICES$90K – $146K$50K6.0%275
Senior Care Average
43 franchises
$159K – $337K$62K5.6%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 43 Senior Care franchises by location count.

Locations & Growth


Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2024)

Outlets by state across the United States

Top States
1CA
1
2FL
1

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Due Diligence


Litigation (Item 3)

Franchisee Cases0
No litigation involving franchisees reported

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
0
Non-Renewals
0
Reacquired
0
Ceased Ops
0
Transfers
0
Sold to Franchisees
0
Projected New
4

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Frequently Asked Questions

The total initial investment to open a Elder-Well franchise ranges from $130,900 to $507,650. This includes a franchise fee of $48,500. Ongoing royalty fees are 6.0% of gross sales.