INVEST IN REAL ESTATE AND A BUSINESS
Path #3: Owning The Real Estate with "Hands Off" Care Approach
This is the popular path for a real estate investor franchisee that has plans for owning multiple Residential Care Homes in an area. Since it would be impossible to personally work full-time in each home, this franchise path affords the franchisee the opportunity to make a real estate investment and then hire a trusted and qualified Operations Manager to run the home and make the investment work seamlessly. The manager would be responsible to hire caregivers and oversee the care and operations of the home. The franchisee is still responsible for making sure the home is following the Majestic Residences operation and franchise model, however, it allows them more time to find great locations to start other Majestic Residences franchised homes.
Your Majestic Residences franchise training will include everything you need from:
- How to choose a good location for your home
- Licensing procedures
- Operations, Policy and Procedures manuals and education
- Staffing needs
- State regulations
- Meal Planning
- Care planning
- Marketing for residents
- and much more.
