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.
Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.
Overview
Financial Requirements
6% royalty + 2% brand development fund + $150/mo technology fee
Franchise Stats
Financial Performance
Item 19 Financial Performance
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 to Other Senior Care Franchises
Key Insights
- Higher investment than 79% of Senior Care franchises
| Franchise | Investment Range | Franchise Fee | Royalty | Locations |
|---|---|---|---|---|
Elder-Well Current | $131K - $508K | $49K | 6.0% | 2 |
| SYNERGY HOME CARE | $78K - $159K | $53K | 5.0% | 550 |
| SENIOR HELPERS | $149K - $221K | $55K | 5.0% | 355 |
| ALWAYS BEST CARE SENIOR SERVICES | $90K - $146K | $50K | 6.0% | 275 |
| COMFORCARE HOME CARE | $73K - $164K | $59K | 5.0% | 248 |
| FIRSTLIGHT HOME CARE | $127K - $219K | $50K | 5.0% | 238 |
Senior Care Average 43 franchises | $159K - $338K | $62K | 5.7% | - |
* 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
Due Diligence
Litigation (Item 3)
No litigation involving franchisees reported in the FDD.
Bankruptcy (Item 4)
No bankruptcy history reported in the FDD.
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
How much does it cost to open a Elder-Well franchise?
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.
How much revenue does a Elder-Well franchise make?
According to the 2025 FDD, the average gross revenue for a Elder-Well franchise is $537,258.26.
How much profit can you make with a Elder-Well franchise?
Based on the financial performance data in the FDD, estimated profit for a Elder-Well franchise ranges from $312,522.45 to $312,522.45 per year. Actual results vary based on location, management, and market conditions.
How many Elder-Well franchise locations are there?
As of the 2025 FDD, Elder-Well has 2 franchise locations. The company has been franchising since 2019.
Is Elder-Well a good franchise to buy?
Elder-Well shows several positive indicators: transparent financial performance data (Item 19). However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.
Interested in Elder-Well?
Talk to a franchise advisor to get personalized guidance and learn if Elder-Well is the right fit for you.
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