Frequently Asked Questions
Learn About Our Elder Care Franchise
Oasis Senior Advisors presents a unique franchise opportunity to serve seniors in your community by helping them find the right care and living arrangements for their needs. In fact, our service is so unique, we receive many questions from potential franchise owners who need more information to understand our business model. Read on for answers to some of the most frequently asked questions.
If your question isn’t answered below, feel free to reach out to our team at (855) 466-4081 . We’re happy to provide more information.
What types of services does Oasis Senior Advisors provide?
Oasis Senior Advisors provides highly informed, compassionate, and personalized referral and senior housing services for seniors looking for assisted living, retirement communities, memory care and other housing options. These services are offered free of charge to seniors and their families.
If my services are free of charge, how can my business be financially successful?
You’ll have the satisfaction of helping a vulnerable and underserved demographic, and you will be reimbursed by the communities in your area with whom you work.
Who is the ideal Oasis Senior Advisors franchisee?
In short: Anyone who excels at building relationships and has an interest in providing compassionate assistance to seniors. Beyond that, our candidates are men and women, generally ranging in age from 30 to 60. Often, our candidates have worked in the corporate world, but executive-level experience is not necessary.
What does the ownership process involve?
We want to make sure our franchisees are fully invested in our senior living advisor opportunities, so we begin with in-depth discussions about our business model, financial requirements, and other pertinent information. Once we’ve agreed that Oasis Senior Advisors is a good fit for you and your career goals, we’ll introduce you to our CEO, provide you with our FDD, and prepare you for validation with other franchisees. Finally, you’ll meet our team and sign the paperwork. Then, after in-depth training, you’ll be an official member of the Oasis family. From our initial conversation to launching your business, you can expect about four to six weeks, on average.
How much is the initial investment for an Oasis Senior Advisors franchise?
This number will vary depending on a number of individual factors, but the initial investment usually ranges anywhere from $59,000 to $93,000.
What are the financial requirements of potential franchisees? Is financing available?
We expect a potential franchisee will have $80,000 in liquid assets and a net worth of $150,000. We have partnered with two programs, FranFund® and Benetrends Financial, that can assist you in finding funding solutions to get started.
Is there truly enough demand for senior living advisor services to support my business?
According to recent statistics, approximately 10,000 people in the United States turn 65 each day and 7,000 turn 85. With so many adults reaching an age when additional care becomes a consideration, seniors and their families seek knowledgeable, trustworthy advice from those who know the community. You’ll be able to provide personalized recommendations based on our proprietary tools and your relationships with housing and care providers in your area. Read more about growth expectations and senior care franchise myths on our blog.
What kind of training and support does Oasis Senior Advisors provide?
Our team has more than 25 years of assisted living franchise experience and offers our franchisees innovative and proprietary technology and support. You’ll join us for a week-long, in-depth training session before you officially open your business, where we will cover a wide variety of subjects, including potential pitfalls to avoid. We also provide periodic webinars to help you brush up on existing skills and learn new ones, and our trainers will visit occasionally to accompany you to local senior housing communities and referral sources for “hands-on” experience. We’ll also invite you to our annual conferences, where we deliver entertaining, information-packed presentations and networking opportunities.
Reach out to Oasis Senior Advisors at (855) 466-4081 with any other questions you may have about our services or franchise opportunities. Interested in becoming a franchisee? Request an introductory conversation today!