Majestic Residences | Franchise Costs and Requirements2024

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About Majestic Residences


Liquid Capital: $85,000

Net Worth Requirement: $500,000

Franchise Fees: $49,500

Royalty: 6%

Training and Support: Available

Home Office: Gilbert, AZ

CEO: Chuck Bongiovanni

Majestic Residences

Investement Range $133,190 - $870,185


Majestic Residences is redefining residential care for seniors by providing high-quality, non-medical care in a homelike setting. Their focus is on offering 24-hour residential care to seniors who need assistance with their daily living activities in a more intimate, residential setting. This approach combines the comfort of home with the professional care seniors need.

Why Choose Majestic Residences?

Majestic Residences stands out in the senior residential care industry with its unique approach:

  • Residential Care Focus: Majestic Residences operates non-medical residential care homes, providing a more personalized and comfortable environment for seniors. These homes are designed to offer 24-hour care in a residential setting, supporting seniors with daily activities like eating, dressing, and bathing.
  • Dual Investment Growth Opportunity: Franchisees benefit from a dual investment in both real estate and business equity. By purchasing or leasing homes in residential neighborhoods and converting them into care facilities, franchisees can see their investments grow in two ways.
  • Home-Based or Semi-Absentee Ownership: The business model allows for semi-absentee ownership once the franchisee hires an administrator and staff. This provides flexibility and the potential for a balanced lifestyle.
  • Protected Territories: Franchisees operate in territories based on state regulations, ensuring no internal competition and a secure market position.
  • Proprietary Technology for Business Management: Majestic Residences offers franchisees proprietary software to streamline operations and marketing, making business management easier.
  • Strong Support and National Accounts: The franchise provides corporate leads through its website and has national accounts ready for referrals, supporting franchisees in growing their customer base.

Ideal Franchisee Profile

Majestic Residences is looking for franchisees who are empathetic, professional, and ready to make a difference:

  • Empathetic and Community-Focused: Ideal franchisees should be empathetic and passionate about providing care to seniors, aiming to enhance their quality of life.
  • Professional with a Real Estate or Business Background: A background in real estate or previous business experience is beneficial. Franchisees should be capable of following systems and managing staff effectively.
  • Financially Prepared: Franchisees should have the financial capacity to invest in the franchise, with a net worth of at least $500,000 and liquid capital of $85,000.

 

Searching for more information? Download the 2024 Majestic Residences FDD below.

Majestic Residences FDD 2024

 

This web page does not constitute a franchise offering or an offer to sell a franchise. A franchise offering can be made by the franchise only in a state if first registered, excluded, exempted or otherwise qualified to offer franchises in that state, and only if provided with an appropriate franchise disclosure document.

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