Aegin Place

Live-in nonmedical care for seniors

Background

Founded: 1999 Franchising since: 2005

2521 N. Main St., #1-300
Las Cruces, New mexico 88001

Phone:
(866)659-1834/ (505)382-1300

Franchisor has 2 employee(s); 1 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2007	13	0	0	0
2006	12	0	0	0
2005	6	0	0	0

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, South carolina, Tennessee, Texas, United states, Utah, Virginia, Vermont, Wisconsin, West virginia, Wyoming

Exclusive territories available.
Territory size: Approximate 1 million population by county, zip or other geographic boundaries

Costs and Fees

Total investment: $46.3K-84.5K
Franchise fee: $30K

Ongoing royalty fee: 3%
Term of agreement: 10 years, renewable

Type of Financing Available

	In-House	Third Party
Franchise Fee	No	No
Startup Costs	No	No
Equipment	No	No
Inventory	No	No
Accounts Receivable	No	No
Payroll	No	No

Qualifications
Net worth requirement: $100K
Business Experience:

General business experience
Marketing skills
Desire to help older adults avoid institutionalization

Operations

Franchise can be run from home
10% of all franchisees own more than one unit
Number of employees needed to run franchised unit: 2 - 2
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)