Start-Up Costs and Fees |
||
| Sarah Adult Day Services | IKOR | |
| Investment | 261000 - 280000 | 86450 - 138083 |
| Franchise Fee | 0 | |
| Royalty Fee | 10% | 8% |
| Advertising Fee | 1% | |
| Year Founded | 1985 | 2000 |
| Year Franchised | 2000 | 2010 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Sarah Adult Day Services | IKOR | |
| Experience | Q:Do I need a health care background to manage the center? A:No. Some of our most successful franchisees have business, marketing and/or sales backgrounds. Having a formal healthcare background and/or training is not necessary. Prior franchise experience is helpful. Q:Do I have to be on site to manage the daily operations of my center? A:No, we will assist you in hiring an Executive Director who will manage the center. You will be expected to have weekly meetings and unannounced visits to your center to ensure your Executive Director is fulfilling their obligations. | |
Financing Options |
||
| Sarah Adult Day Services | IKOR | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Sarah Adult Day Services | IKOR | |
| Training | Classroom Training: 74 hours | |
| Support | Newsletter, Toll-free phone line, Grand opening, Field operations/evaluations | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform |
| Marketing | Ad slicks, National media | |
| Operations | 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 - 15 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) | Number of Employees Required to Run: 2 |
Expansion Plans |
||
| Sarah Adult Day Services | IKOR | |
| US Expansion | Florida, Georgia, Indiana, Michigan, North Carolina, Ohio, Pennsylvania, Texas | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Sarah Adult Day Services | |
| IKOR | |
| Franchise Fee | |
| Sarah Adult Day Services | |
| IKOR | |
| Royalty Fee | |
| Sarah Adult Day Services | 10% |
| IKOR | 8% |
| Advertising Fee | |
| Sarah Adult Day Services | |
| IKOR | 1% |
| Year Founded | |
| Sarah Adult Day Services | 1985 |
| IKOR | 2000 |
| Year Franchised | |
| Sarah Adult Day Services | 2000 |
| IKOR | 2010 |
| Term Of Agreement | |
| Sarah Adult Day Services | 10 years |
| IKOR | 10 years +5+5+5 |
| Renewal Fee | |
| Sarah Adult Day Services | |
| IKOR | |
Business Experience Requirements |
|
| Experience | |
| Sarah Adult Day Services | Q:Do I need a health care background to manage the center? A:No. Some of our most successful franchisees have business, marketing and/or sales backgrounds. Having a formal healthcare background and/or training is not necessary. Prior franchise experience is helpful. Q:Do I have to be on site to manage the daily operations of my center? A:No, we will assist you in hiring an Executive Director who will manage the center. You will be expected to have weekly meetings and unannounced visits to your center to ensure your Executive Director is fulfilling their obligations. |
| IKOR | |
Financing Options |
|
| Franchise Fees | |
| Sarah Adult Day Services | No |
| IKOR | No |
| Start-up Costs | |
| Sarah Adult Day Services | |
| IKOR | |
| Equipment | |
| Sarah Adult Day Services} | |
| IKOR | |
| Inventory | |
| Sarah Adult Day Services | |
| IKOR | |
| Receivables | |
| Sarah Adult Day Services | |
| IKOR | |
| Payroll | |
| Sarah Adult Day Services | |
| IKOR | |
Training & Support |
|
| Training | |
| Sarah Adult Day Services | |
| IKOR | Classroom Training: 74 hours |
| Support | |
| Sarah Adult Day Services | Newsletter, Toll-free phone line, Grand opening, Field operations/evaluations |
| IKOR | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform |
| Marketing | |
| Sarah Adult Day Services | Ad slicks, National media |
| IKOR | |
| Operations | |
| Sarah Adult Day Services | 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 - 15 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) |
| IKOR | Number of Employees Required to Run: 2 |
Expansion Plans |
|
| US Expansion | |
| Sarah Adult Day Services | Florida, Georgia, Indiana, Michigan, North Carolina, Ohio, Pennsylvania, Texas |
| IKOR | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Sarah Adult Day Services | |
| IKOR | |
| International Expansion | |
| Sarah Adult Day Services | |
| IKOR | |