Assisted Living Locators Named a 2017 Top Franchise
by Franchise Business Review
Independent Survey Shows Franchise Owners Are Highly Satisfied with Assisted Living Locators' Performance
SCOTTSDALE, Ariz. – Assisted Living Locators was recently named a top franchise by Franchise Business Review in its 2017 Top Franchises Report.
Assisted Living Locators offers “free service” for seniors and their families providing expert advice on short-term and long-term care options including in-home care, assisted living, memory care and retirement apartments. It generates revenue from the fees paid by the assisted living facilities per placement and from in-home care referrals.
The company touts itself as the “E-Harmony of senior living providers,” trademarking its tagline, “Matchmaking Seniors with Caring Providers for Over a Decade™.”
In 2016, the company exceeded its 50th franchise mark. The milestone comes off of consecutive years of positive growth trends since the company first began franchising in 2006 as the first placement and referral franchise business in the U.S. The company has now signed 62 franchisees in 20 states and the District of Columbia.
Franchise Business Review, a national franchise market research firm that performs independent surveys of franchisee satisfaction, provides the only rankings of franchises based solely on actual franchisee satisfaction and performance. Franchise Business Review publishes its rankings of top franchises in its annual Guide to Today’s Top Franchises, as well as in special reports throughout the year that name the top franchises in specific sectors.
Assisted Living Locators was among 334 franchise brands, representing over 30,000 franchise owners, that participated in Franchise Business Review’s research, which was conducted between May 2015 and November 2016. Assisted Living Locators franchisees were surveyed on 33 benchmark questions in the areas of financial opportunity, training and support, leadership, operations and product development, core values (e.g., honesty and integrity of franchisor), general satisfaction, and the franchisee community. An additional 16 questions asked franchisees about their market area, demographics, business lifestyle, overall enjoyment running their franchise, and role in the franchisee community.
“We are committed to expanding Assisted Living Locators services into new markets all over the U.S. and we encourage those interested in a franchise to apply,” said Angela Olea, RN, CEO of Assisted Living Locators. “Franchisees train at the company’s headquarters in Scottsdale and then replicate the company’s operations in their city or state. The franchise fee is $49,500 with a monthly royalty fee at $500 per month or 8%, greater of the two for the 1st year.”
“Franchises that survey their franchisees realize that transparency and openness contributes to a trusting relationship,” says Eric Stites, CEO of Franchise Business Review. “Franchisee satisfaction ratings show you whether or not a franchise opportunity is really as good as it appears and fits your values and vision by providing insight into a system’s culture, training, leadership, financial outlook, franchisee community, and much more.”
The following are key findings on franchisees’ perceptions of franchising from Franchise Business Review’s overall research for it’s 2017 Top Franchises list.
- 89% enjoy operating their business
- 87% enjoy being part of their franchise
- 84% respect their franchisor
- 81% believe their franchisor acts with a high level of integrity
- 81% are satisfied with their franchise overall
- 89% would “do it again” knowing what they know today
- 88% are satisfied with their franchisor and the opportunity provided
- 81% would recommend their franchise brand to others
- 60% agree or strongly agree that their financial expectations are being met
For more information on Assisted Living Locators, call 800-267-7816 or visit the website at www.assistedlivinglocators.com .