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Assisted Living Locator

We all know the baby boomers are creating an explosion in the senior care market.

If you’ve got good networking skills and are interested in owning your own business, it’s worth learning about Assisted Living Locators. The total initial investment is less than $100k, you can work from home, and you’ll be partnering with an award-winning franchisor. A few things to consider.

  • Founded in 2003, they have over 140 locations across the US
  • You’ll be doing rewarding work by helping seniors find the best community based on their interests, assistance level needed and budget
  • It’s a simple business-model with no employees or licensing required
  • Named one of Entrepreneur’s Top 500 franchises for the last 5 years
 

One topic I always discuss with my clients is the value of recurring revenue businesses. Having a committed revenue stream can help businesses weather difficult times or pause growth while making operational changes.

During the 2008 recession, I owned a large swimming pool cleaning business. In 2008-2010, my business thrived while I saw many transactional businesses suffer. If you see the value in recurring revenue businesses and have an affinity for dogs, then you may want to consider the investment outlined below.

Splash and Dash’s membership-based dog grooming spa has a refined operating system that allows them to maximize efficiency. Their proprietary software system equips their franchise owners with valuable data so they can optimize day-to-day staffing and workflow. 

Here are a few highlights:

  • Founder and CEO was a C-level executive with an international franchisor – He brings significant franchise knowledge!
  • Their operational efficiencies allow each location to service 60-80 dogs per day from a small location.
  • Locations typically require only 1,200 – 1,500 SF of retail space, therefore keeping the initial investment low for a retail business.
  • Owners can work in the business full-time or part-time, giving you flexibility to keep your existing job.
  • Relatively low employee headcount, typically starting out with just four employees.

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