MAJESTIC RESIDENCES

The track record shows promise but youth: launched franchising in 2021, grew from 7 units in 2022 to 10 in 2023—a solid 43% jump—with 14 new units projected and 4 transfers signaling some internal movement. Item 20 details this expansion in a niche where real estate plays a big role, as franchisees can convert, acquire, or develop properties for non-medical assisted living and optional daycare. Yet the small footprint (just 10 locations) and recent start raise questions about scalability and support depth in FDD Item 11.

Economics hit hard upfront: $49,500 franchise fee within a $133,190-$870,185 initial investment range, driven by real estate variables. Ongoing bites include 6% royalty, up to $100/month brand fund, and $300/month tech fee—potentially 7-8% of revenue total. No Item 19 means no earnings data, a major red flag for investors chasing transparency; average senior care franchises often disclose AUVs around $1M+, but here you're blind. Positive growth tempers risks, but high entry and opacity suggest caution for those without deep pockets or real estate savvy—system health feels embryonic, not explosive.