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A Residential Assisted Living Home (RAL), sometimes called a Residential Care Home also, is a house in a residential neighborhood that is licensed by the state to provide non-medical care to seniors. They typically provide a higher level of care than assisted living, but a lower level than a traditional nursing home.
The biggest difference between a Residential Care Home and a large senior living community is that there are fewer residents, more personalized care, and staff attention in the small Residential Care Home.
Senior Housing options may also differ in services offered and a Residential Care Home is no different. Some might provide a high level of care while others focus on the basics. Depending upon your state, a Residential Assisted Living Home can care for 4 to 20 residents per home. Most Residential Assisted Living homes offer private and semi-private rooms and are private pay or accept long term care insurance.
Are Residential Care Homes In Demand? -
With over 10,000 seniors turning 65 every day in America there is a current and even more growing need upon us. A residential care home can be licensed in much less time than larger assisted living communities, thus they outnumber the larger communities in many cities and states.
What Kind Of Assistance Is Needed In Residential Care Homes? -
The typical Residential Care Home resident is a woman in her early 80's who needs assistance with her Activities of Daily Living (ADL's). According to The National Center For Assisted Living, the most common activity of daily living that residents need assistance with are:
The common conditions in the homes include:
Who Provides The Care For The Residents In These Homes? –
Care is provided by care attendants, or caregivers who are employed by the franchisee. Residential care homes provider caregiver around the clock, seven days a week.
How Long Does The Average Resident Live In These Homes? -
The average median stay is approximately 22 months, roughly 60% of residents will move out of assisted living to transition to a skilled nursing center.
How Do Franchisees Find Residents For The Home? –
Finding seniors to live in the home can be challenging without a proven system. Fortunately for you, the Majestic Residence team are nationally known experts in Franchising, Real Estate, Assisted Living Marketing, and Operations. You will not only learn how to market your general community, healthcare professionals, and Referral and Placement Agencies, but we will teach you advanced techniques that have been successful for decades.
Can A Franchisee Make A Good Living Doing This?–
According to Genworth Long Term Care Insurance company, the nationwide average cost of a Residential Assisted Living Care Home is approximately $4,000.00 per resident per month. However, depending on the number of beds you can be licensed for, your occupancy, the location of your home, and a senior's level of care, individual monthly fees can range from $3,000.00 to $10,000.00 or more per resident per month.
Do you have personal and business goals that you want to achieve in your life? Using a franchise as a vehicle to achieve those goals can drive your success. Learn more about franchising by clicking below.
This web site and the franchise sales information on this site do not constitute an offer to sell a franchise. The offer of a franchise can only be made through the delivery of a franchise disclosure document. Certain states require that we register the franchise disclosure document in those states. The communications on this web site are not directed by us to the residents of any of those states. Moreover, we will not offer or sell franchises in those states until we have registered the franchise (or obtained an applicable exemption from registration) and delivered the franchise disclosure document to the prospective franchisee in compliance with applicable law.
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Majestic Residences Franchise Systems, LLC