For those who buy senior care franchises, the decision to become a franchisee is based on a mix of passions for caring for the elderly and being your own boss. If you have made senior care your career, there are few moments more rewarding than seeing an elderly individual thrive within an environment that you have created. This is what drives most senior care franchisees, and operating a successful senior care franchise can be undeniably rewarding.
However, like all franchises, senior care franchises have certain limitations as well. While one of the primary reasons to buy a franchise is to benefit from the franchisor’s business model, being forced to operate within someone else’s model can become taxing—especially if you see room for improvement. Then, there are the ongoing royalties and advertising fees; and, if you aren’t successful, there is the risk you could lose your business and be forced to pursue an alternate career due to a non-competition covenant in your franchise agreement.
What We Do for New and Existing Senior Care Franchisees
With offices in Washington D.C., the Goldstein Law Firm is a national law practice that is committed to exclusively representing franchisees and dealers. Firm founder Jeffrey M. Goldstein has over 30 years of franchise law experience, and is a recognized authority on franchise agreement negotiation and franchise-related litigation. From pre-purchase due diligence to post-termination dispute resolution, we represent senior care franchisees at all stages of the business lifecycle. Our services include:
- Review of Franchise Disclosure Documents (FDDs) and Franchise Agreements – If you are thinking about buying a senior care franchise, we can help you make an informed decision based upon your franchisor’s representations and the legal terms of the opportunity.
- Franchise Agreement Negotiation – If your franchise agreement contains unfavorable terms (and they almost always do), we can seek to negotiate for a less one-sided agreement.
- Franchise Renewals – If it is time to renew your senior care franchise, we can help you with satisfying the conditions for renewal and negotiating your renewal franchise agreement.
- Franchise Terminations – If you are facing termination, or if you wish to terminate your franchise, we can help you explore your options.
- Franchise Disputes – Whether your franchise agreement mandates arbitration or allows for litigation, we can draw on our decades of experience to protect and enforce your legal rights.
Top Senior Care Franchise Opportunities
Industry periodicals, including some online “best franchise” types of lists, identify the following leading senior care franchise opportunities available as of 2017:
- 101 Mobility – A senior care franchise specializing in mobility and accessibility solutions.
- BrightStar Care – A well-known home care and medical staffing franchise system with franchisees nationwide and internationally.
- Home Care Assistance – A live-in home care franchise that claims an average annual revenue of over $1.4 million per location.
- Right at Home – An in-home care and assistance franchise offering independence for franchisees and seniors.
- Visiting Angles – An international franchise that is consistently ranked among the top senior care franchise opportunities.
Contact the Goldstein Law Firm for a Free Consultation
If you are considering a senior care franchise, or if you need a lawyer for your franchised business, we encourage you to get in touch. To schedule a free, no-obligation consultation with national franchise attorney Jeffrey M. Goldstein, call (202) 293-3947 or contact us online today.
Disclaimer: The identification of any franchise or company on this website is not an endorsement of any aspect of that entity in any regard, nor should it be taken as one. In this regard, our inclusion of a franchise or company on our site is merely a note of the existence of that franchise or company in a particular industry, not an opinion or recommendation as to the past, current or future legal or financial viability or of that franchise company, franchisor, or its franchisees.