My Elder Advocate Franchise Review
My Elder Advocate is graded based on our most recent research.
Franchise FactsMy Elder Advocate provides senior advisory and advocacy services. They provide advice to families about elder and senior care, planning for personal, health and financial needs as they age.
How much does a My Elder Advocate franchise cost?My Elder Advocate has a franchise fee of up to $39,500, with a total initial investment range of $85,150 to $123,200.
- Initial Franchise Fee: $39,500
- Total Investment: $85,150 to $123,200
- Working Capital: $30,000 to $45,000
- Royalty Fee: 8.0%
The initial cost of a franchise includes several fees -- Unlock this franchise to better understand the costs such as training and territory fees.
How much does a My Elder Advocate franchise make?Franchise revenue and profits depend on a number of unique variables, including local demand for your product, labor costs, commercial lease rates and several other factors. We can help you figure out how much money you can make by reviewing your specific situation. Please unlock this franchise for more information.
How many franchise locations do they have?As of the 2017 Franchise Disclosure Document, there are 5 franchised My Elder Advocate locations in the USA.
Are there any My Elder Advocate franchise opportunities near me?Based on 2017 FDD data, My Elder Advocate has franchise locations in 2 states. The largest region is the Northeast with 5 franchise locations.
This franchise is expanding into new markets and might be available near you. One of our franchise experts will have detailed knowledge about this brand. Unlock to learn more and connect with our experts.
Last Reviewed: 2017
My Elder Advocate Franchise Stats
$85,150 - $123,200
Franchisee Outlet Growth
# of Franchised Outlets
Do they provide any initial training and opening assistance?Yes, they have an initial training program of 70 hours. This includes 30 hours of classroom training and 40 hours of on-the-job training. In their FDD they outline who’s in charge of the training. Unlock to find out more.