New Life Assisted Living logo

New Life Assisted Living

Assisted living
Investment
$109,500
Initial Franchise Fee
$35,000
Units
8
Growth Rate
+60.0%

Overview

Industry
Personal-Care Businesses
Founded
2001
Franchising Since
2024
Parent Company
Leadership
Alvin Thomas, President
# of Employees at HQ
24

Units and Growth Chart

Investment Details

Initial Franchise Fee
$35,000
Initial Investment
$109,500 - $202,000
Net Worth Requirement
$100,000
Cash Requirement
Royalty Fee
6%
Ad Royalty Fee
1%
Technology Fee
0
Term of Agreement
10 years
Is Franchise Term Renewable?
Yes
Financing
Third Party
Veterans Incentive
N/A

Available Territories

Franchising opportunities available in the following regions

United States

States

Alaska Alabama Arkansas Arizona Colorado Connecticut District of Columbia Delaware Florida Georgia Iowa Idaho Kansas Kentucky Louisiana Massachusetts Maryland Maine Missouri Mississippi Montana North Carolina Nebraska New Hampshire New Jersey New Mexico Nevada Ohio Oklahoma Oregon Pennsylvania South Carolina Tennessee Texas Utah Vermont Wyoming
International

Training & Support Programs

Comprehensive training and ongoing support to help you succeed

Training

On the Job Training
Classroom Training
170 hours

Ongoing Support

Toll-Free Line
Grand Opening
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection

Marketing Support

Co-op Advertising
Ad Templates
Social Media
SEO
Website Development

Operations & Requirements

Key operational details and requirements for running this franchise

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
0
Are exclusive territories available?
Yes

Ranking History

New Life Assisted Living performance in the Franchise rankings over recent years

No data available at this time.

Find Your Perfect Franchise Match

See which franchises fit your budget and have open territories near you.

Sign Up for Our Franchise Newsletter

Stay up to date on the latest news and trends affecting the franchise industry.

Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022