NOTE: This is an “Emerging/Developing Brand”. It may be a great fit for your candidate but it is a higher risk with limited franchisees and validation. Talk directly with the Development Representative to understand their brand and presenting it effectively.
Legato Living is a residential home offering long-term care services to individuals with Alzheimer’s and other dementias. As the disease progresses larger memory care facilities are often still too big. At Legato Living, there are no long halls to navigate. By providing this care in a smaller setting, residents often experience less anxiety knowing there is help close by. The true residential model will allow residents to be correctly cared for due to proper staffing levels and will allow them to age in a place where they feel comfortable and surrounded by individuals who become like family.
This franchise is a real estate investment opportunity that allows you to invest in a home and then utilize the business to pay off that home over the course of the franchise term, which is 10 years. The business itself, according to their Item 19, can produce upwards of 6 figures in profits and that is after you pay rent to yourself for the house. Legato Living Franchise is interested in single unit investments but they are also offering multi-unit opportunities where an owner can own 3-6 homes at a discounted franchise fee. In addition, there is an Area Representative Franchise opportunity as well. As you see, there are multiple opportunities for franchisees to build a strong business with Legato Living Franchise.
Ideal owners possess a passion to help others and while having a background in healthcare is beneficial, it is by no means necessary. Others who may find great success include real estate investors, individuals with strong sales and operations experience, and those willing to put customers first.
Based on their proven process, franchisees will have the education and tools to effectively run their home through a combination of classroom and on-the-job training. From finding the right property to getting the home licensed and open, Franchisees will be supported the entire way. Training includes topics such as management of the home, onboarding new staff, admitting residents to your home, resident cares, marketing the home, as well as experiencing a fully operational home in action.
To buy a franchise with Legato Living you’ll need a minimum net worth of $250,000. Creative Colors International a franchise fee of $50,000. They also offer a discount for veterans.
