Avendelle Assisted Living franchise
2023 filing · May 24, 2023Growing
Avendelle Assisted Living at a glance
Small non-medical assisted living homes giving seniors personalized care in a residential setting. At the end of 2022 there were 21 Avendelle Assisted Living locations in the US, 11 franchised and 10 company-owned.
The business
- Industry
- Home care and senior care
- Franchisor
- Avendelle Assisted Living, LLC
- The company that sells the franchises
- Franchisor based in
- Wake Forest, North Carolina
- Typical size
- 1,500–3,000 sq ft
What you pay
- Cost to open
- $122K–$1.29M
- A new assisted living home
- Franchise fee
- $40,000
- Veterans get a 10% discount
- Royalty
- 6%
- The greater of 6% of gross billings or $900 a month (the minimum starts three months after opening), paid monthly, plus 1% to the brand fund
- Brand fund
- 1%
- 1% of monthly gross billings, paid with the royalty
- Renewal fee
- $5,000
- When the agreement ends and you sign again
- Agreement length
- 10 years
- Territory
- Protected
- Protected territory
- Franchisor financing
- None offered
Where it is
- US locations, 2022
- 21
- Franchised and company-owned
- Franchised
- 11
- Company-owned
- 10
- Change in 3 years
- +7
- Franchised locations, 2020–2022
- States
- 2
- Most in North Carolina and Texas
Support and records
From Avendelle Assisted Living, LLC’s 2023 filing; revenue and net income from its audited financial statements, page 54; SBA status from the SBA Franchise Directory, October 28, 2026.
Franchisor revenue is the company that sells the franchises (royalties, fees and anything else it earns), not what a location makes.
Where it ranks
Avendelle Assisted Living among all franchises with the same figure.
| Figure | Avendelle Assisted Living | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $706,446 | Costs more than 76% of franchises |
| Franchise feePaid once, when you sign | $40,000 | Lower than 46% of franchises |
| RoyaltyShare of sales paid to the franchisor | 6% | Higher than 35% of brands with a set rate |
| US locationsFranchised and company-owned | 21 | More than 50% of franchises |
How much a Avendelle Assisted Living franchise costs
Opening a new assisted living home costs an estimated $121,525 to $1,291,366. That covers the franchise fee and everything else needed to open, through the first months of working capital.
The biggest costs are real estate purchase or construction ($0 to $1,000,000) and leasehold improvements ($50,000 to $100,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $40,000 | ||
| Utility and Security Deposits | $200 | $400 | |
| Leasehold Improvements | $50,000 | $100,000 | |
| Months’ Lease Payments | $900 | $3,666 | |
| Real Estate Purchase or Construction | $0 | $1,000,000 | |
| Furniture, Fixtures, Equipment and Décor | $3,125 | $25,000 | |
| Office Equipment and Supplies | $600 | $800 | |
| Opening Inventory | $2,000 | ||
| Computer System | $500 | $5,000 | |
| Licenses and Permits | $400 | $10,000 | |
| Professional Fees | $300 | $29,000 | |
| Market Introduction Program | $1,500 | $3,500 | |
| Insurance | $1,000 | $8,000 | |
| Training | $1,000 | $4,000 | |
| Additional Funds - 3 Months | $20,000 | $60,000 | |
| Total | $121,525 | $1,291,366 | |
Source: Avendelle Assisted Living, LLC, 2023 filing, page 19
Avendelle Assisted Living franchise fee
The franchise fee is $40,000, veterans get a 10% discount. You pay it when you sign the franchise agreement.
Source: Avendelle Assisted Living, LLC, 2023 filing, page 13
Royalty and ongoing fees
| Royalty | The greater of 6% of gross billings or $900 a month (the minimum starts three months after opening), paid monthly, plus 1% to the brand fund. |
|---|---|
| Brand or marketing fund | 1% of monthly gross billings, paid with the royalty. |
| Renewal Fee | $5,000 |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Avendelle Assisted Living, LLC, 2023 filing, page 14
Other fees as filed, from page 17. The filing lists every fee, including late fees and audit costs.
Sales and earnings
No figures Avendelle Assisted Living does not share sales or profit figures for its locations. Talking to current and former franchise owners is the usual way to learn what a location earns.
Source: Avendelle Assisted Living, LLC, 2023 filing, page 42
Growth and closures
Share of franchised locations, 2022 / 2020–2022. Typical means the median: half of brands are above it, half below.
| Measure | Avendelle Assisted Living | Typical home care brand | Typical franchise |
|---|---|---|---|
| GrowthNet change in franchised locations | 0% / +175% | +6.6% / +26% | +1.2% / +10% |
| ClosuresTerminated, not renewed or stopped operating | 0% / 0% | 2.5% / 15% | 3.9% / 16% |
| Bought backLocations the franchisor took back | 0% / 0% | 0% / 0% | 0% / 0% |
Typical home care brand is the median of the 34 brands in home care and senior care franchises with three years of counts.
How Avendelle Assisted Living compares
Of the 73 home care franchises on this site, Avendelle Assisted Living is the 55th cheapest to open and the 40th largest by number of locations.
| Figure | Avendelle Assisted Living | Typical home care brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $122K | $100K | $222K |
| Cost to open, high end | $1.29M | $175K | $477K |
| Franchise fee | $40K | $50K | $40K |
| Royalty | 6% | 5% | 6% |
| Brand fund | 1% | 1% | 2% |
| US locations | 21 | 25 | 21 |
| Shares earnings figures | No | 61 of 73 | 2,147 of 3,352 |
Typical is the median across the 73 brands in home care and senior care franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2020 | 4 (0) | 15 | 0 | 0 |
| 2021 | 11 (+7) | 10 | +7 | 0 |
| 2022 | 11 (0) | 10 | 0 | 0 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: home care franchise costs, franchises for veterans and franchise failure rates.
Source: Avendelle Assisted Living, LLC, 2023 filing, page 43
Where Avendelle Assisted Living locations are
At the end of 2022, Avendelle Assisted Living had locations in 2 states. The most are in North Carolina and Texas.
- North Carolina14
- Texas7
| State | Franchised | Company-owned | Total |
|---|---|---|---|
| North Carolina | 11 | 3 | 14 |
| Texas | 0 | 7 | 7 |
Source: Avendelle Assisted Living, LLC, 2023 filing, page 44
Who owns Avendelle Assisted Living?
Avendelle Assisted Living franchises are sold by Avendelle Assisted Living, LLC.
From Avendelle Assisted Living, LLC’s 2023 filing.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | Yes. The filing describes past or pending cases involving the franchisor, its affiliates or its executives on page 12. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: Avendelle Assisted Living, LLC, 2023 filing, litigation on page 12, bankruptcy on page 13
Avendelle Assisted Living filings
The figures on this page come from Avendelle Assisted Living, LLC’s 2023 filing, issued May 24, 2023, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2023 filing | May 24, 2023 | NASAA depository | Costs, fees and locations, 2020–2022 |
Each link opens the filing as a PDF. See the newest filings across all brands.
