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.

2
Locations
$131K–$508K
Investment
Since 2019
Franchising
ServicesWayland, MAwww.elderwelladultday.comDisclaimer

Franchise Costs


Franchise Fee
$48,500
Item 5 of FDD
Initial Investment Range
$130,900 $507,650
Low: $130,900High: $507,650
Item 7 of FDD
Royalty Rate
6.00%
of gross sales
Brand Fund
2.00%
Item 6 of FDD
Fixed Monthly Fees
$150 – $150
Item 6 of FDD

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

Financial Performance


Item 19 Financial Performance

Average Gross Revenue
$0
Average Net Profit
$0

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

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$78K – $159K$53K5.0%550
SENIOR HELPERS$149K – $221K$55K5.0%355
ALWAYS BEST CARE SENIOR SERVICES$90K – $146K$50K6.0%275
COMFORCARE HOME CARE$73K – $164K$59K5.0%248
FIRSTLIGHT HOME CARE$127K – $219K$50K5.0%238
Senior Care Average
43 franchises
$158K – $336K$62K5.7%

* 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

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

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.

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