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Oasis Senior Advisors Franchise ProfileHealthcare & Senior Care > Senior Living Facilities |
What Are the Initial Investment Requirements for an Oasis Senior Advisors Franchise?
To open an Oasis Senior Advisors franchise, you will need an initial investment ranging from $67,189 to $111,989. This includes a franchise fee of $40,000. Potential franchisees should also have cash reserves between $50,000 and $90,000 and a net worth of $200,000 to $400,000. Understanding these financial commitments is crucial for anyone considering entering the senior care advisory market.
What Are the Ongoing Fees Associated with an Oasis Senior Advisors Franchise?
Oasis Senior Advisors franchisees are subject to ongoing fees, including a royalty fee of 10% on gross revenues and a marketing fee of 2%. These fees contribute to the overall support and resources provided by the franchisor, helping franchisees maintain brand standards and marketing efforts. It's essential to factor these costs into your financial planning to ensure sustainable profitability.
What Is the Average Revenue Potential for an Oasis Senior Advisors Franchise?
The average annual revenue for an Oasis Senior Advisors franchise unit is approximately $498,068, with a median revenue of $186,398. However, revenue can vary significantly, ranging from as low as $6,900 to as high as $3,293,030. This variability underscores the importance of location, market demand, and operational efficiency in achieving financial success.
What Is the Breakeven and Investment Payback Timeline for Oasis Senior Advisors Franchisees?
Franchisees can expect to reach breakeven within about 12 months of operations, with an investment payback period of approximately 13 months. This relatively quick return on investment can be appealing for aspiring entrepreneurs, particularly in a growing industry like senior care, where demand continues to increase as the population ages.
Oasis Senior Advisors Franchise Financial Requirements
Below, you’ll find an overview of the initial investment needed to launch the business, along with the ongoing fees required by the franchisor to maintain operations over time.
The minimum total assets (minus liabilities) you must possess.
Net Worth Required:
The estimated period to recoup your total investment.
Investment Payback:
The initial fee paid to join the franchise system.
Franchise Fee:
Ongoing percentage of revenue paid to the franchisor.
Royalty Fee:
Regular contribution toward the franchise’s advertising fund.
Marketing Fee:
The estimated timeframe to recover your initial costs.
Breakeven Time:
The total amount required to launch the franchise.
Initial Investment:
The minimum liquid capital you must have on hand.
Cash Required:
The typical yearly revenue generated per franchise location.
Average Revenue:
The middle value of yearly revenue among franchise locations.
Median Revenue:
The largest reported annual revenue among franchisees.
Highest Revenue:
The smallest reported annual revenue among franchisees.
Lowest Revenue:
A broad sector defining similar types of franchise businesses.
Industry:
A more specific division within the broader industry.
Category:
The key individuals guiding the franchise’s strategy and growth.
Leadership:
The official business address of the franchisor’s headquarters.
Corporate Address:
Available financing options to help start the franchise.
Funding Year:
The main organization that owns the franchise brand.
Parent Company:
Oasis Senior Advisors Franchise Unit Growth Summary
A breakdown of corporate, franchised, and total units, with yearly net changes.
Total Units
Franchised Units
Corporate Units
| Units | 2021 | 2022 | 2023 |
|---|---|---|---|
| Total Units | 87 | 106 | 128 |
| Net Change YoY | 19 | 22 | |
| Franchised Units | 86 | 105 | 108 |
| Net Change YoY | 19 | 3 | |
| Corporate Units | 1 | 1 | 20 |
| Net Change YoY | 0 | 19 |
Investment Overview
Oasis Senior Advisors offers a compelling franchise opportunity with a low initial investment ranging from $67,189 to $111,989. The franchise fee is set at $40,000, with ongoing royalty fees at 10% and a marketing fee of 2%. To ensure financial stability, prospective franchisees need to demonstrate a cash requirement of $50,000 to $90,000 and a net worth between $200,000 and $400,000.
Revenue Potential
Franchisees can expect significant revenue potential, with average annual revenue per unit reported at $498,068. The median annual revenue is $186,398, while some units have achieved as much as $3,293,030. This wide range illustrates the scalability of the business model and the potential for profitability in various markets.
Breakeven and Payback Period
One of the attractive features of the Oasis Senior Advisors franchise is the relatively quick breakeven time of just 12 months. Additionally, franchisees can anticipate a payback on their investment within 13 months, making it an appealing option for those looking to enter the senior advisory market.
Franchise Growth
Oasis Senior Advisors has shown consistent growth in its franchised units, increasing from 86 in 2021 to 108 in 2023. The company has also expanded its corporate units significantly, from 1 in 2021 and 2022 to 20 in 2023, indicating a strong commitment to developing the brand and supporting franchisee success.
Operational Insights
Franchisees should be aware of the operational landscape, which includes average annual expenses totaling approximately $10,271,134. Key expenses include advertising costs of $990,000 and franchise support services expenses of $455,630. Understanding these operational costs is crucial for effective financial management and ensuring profitability.
Company Mission
Oasis Senior Advisors is dedicated to providing compassionate and personalized senior living solutions. The mission is to empower families by offering expert guidance and support during the often-challenging transition to senior care. By focusing on individualized care and community involvement, Oasis aims to enhance the quality of life for seniors and their families.
Frequently Asked Questions
The initial investment for an Oasis Senior Advisors franchise ranges from $67,189 to $111,989, which includes a franchise fee of $40,000.