Majestic Residences
Residential assisted living homes providing non-medical 24-hour care in a group home setting, including meals, assistance with daily living activities, medication management, and social activities.
Your franchise match score
Senior Care
Brand highlights
- CEOChuck Bongiovanni
- Headquarters2053 East Sanoque Boulevard, Gilbert, AZ, 85298
- Year founded2020
- Year started franchising
- IndustrySenior Care
- Locations open0 (+0 last three years)
Statistics & metrics
- Investment range$18,090 - $77,900
- Franchise fee$49,500
- Royalty6% of Gross Sales, commencing in month 2 of operation, with a minimum payable of $900/ month from the 13th month of operation to the end of the term. If you are not open for business within a year from the execution of the Franchise Agreement, you shall pay us $500/month royalty until you commence operations
- Brand fundIf initiated upon 60 days' prior notice, a maximum of $100/month
- Required Liquid CapitalN/A
- Required Net WorthN/A
Learn more about the Senior Care industry:
The senior care industry provides essential services, from in-home care to assisted living facilities. With an aging population, this sector offers a meaningful and rapidly growing opportunity for business owners.
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FDD insights
The information shown below is derived from publicly available franchise disclosure documents (FDDs), including the version issued as of the issuance date listed below, and other third-party sources. This information may not reflect the most current FDD. It is provided for general informational purposes only and is not part of any franchise offering or sales process. Franchise Sidekick is not providing or furnishing an FDD in accordance with FTC requirements. You should obtain and review the most current official FDD directly from the franchisor before making any investment decision.
FDD Version Referenced - Issuance Date: 2021-10-15
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about Majestic Residences, its parent company, and the executive leadership team responsible for operating and supporting the franchise system. | |
| Business Experience | Review the professional backgrounds and relevant business experience of Majestic Residences's executives, directors, and key management personnel. | |
| Litigation | Understand any past or pending legal actions involving Majestic Residences, its affiliates, or key personnel that may be relevant to prospective franchisees. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a Majestic Residences franchise, including startup costs and working capital estimates. | |
| Financial Performance Representations | Review any financial performance information Majestic Residences provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 0 |
| Franchise locations | 0 |
| Corporate locations | 0 |
System growth over time
FAQs
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