Are you considering joining the Legato Living family as a franchise owner? One of the key steps in your franchising journey is selecting the right territory. Understanding available territories, why they’re defined, and how to make your selection ensures you’re set up for success in bringing compassionate dementia care to your chosen community.
Why Do We Define Territories?
At Legato Living, we provide each franchise owner with a protected territory. This means that within this region, only one Legato Living franchise can operate. Defining territories allows franchisees to maximize their potential and focus on serving seniors and their loved ones without competing with other Legato Living locations. It also ensures that every community we serve gets the full attention and resources it needs to thrive.
How to Choose the Right Territory
Picking a territory is about more than just geography; it’s about selecting an area where you can have the greatest impact. When deciding on a location, consider the following factors:
- Convenience for Families: Families often choose care options that are easily accessible. Opting for a location close to family-oriented neighborhoods or within a commutable distance from major population centers can enhance your franchise’s appeal.
- Statistical Suitability: Conduct a demographic analysis of your desired area. Evaluate factors such as the percentage of the senior population, healthcare infrastructure, and demand for dementia care services. This data can help paint a clear picture of the area’s potential success.
Our team at Legato Living is here to guide you through this process, offering insights and tools to evaluate and pinpoint the perfect territory.
What Is the Cost for a Legato Living Territory?
The initial investment for a single Legato Living territory is $50,000. This fee grants you exclusive rights to operate within your chosen area and is the first step toward building your residential assisted living business.
Want to expand your reach? Franchise owners have the opportunity to own multiple territories, allowing you to bring Legato Living’s compassionate care to even more communities. It’s important to note that the territory fee does not include the operational or start-up costs associated with establishing your assisted living home, like acquiring a property or managing day-to-day expenses. We’ll partner with you to ensure you’re supported every step of the way.
Potential Changes Over Time
Just as the needs of the senior care industry evolve, so do other factors surrounding your franchise territory. One consideration is the suitability of homes within your chosen area. Over time, you may find opportunities to expand or adapt locations to meet the demand for memory care. Flexibility and proactive planning are key to growing your Legato Living franchise successfully.
Call Us Today to Discuss Territory Availability
Whether you’re interested in a single location or envision owning multiple territories, Legato Living offers an incredible opportunity to make a meaningful difference in your community. Our friendly team is ready to help you explore available territories and guide you through the franchising process.
Take the first step toward owning a rewarding business in the growing senior care industry. Contact Legato Living today to discuss territory availability and start building your future!
