In this Art of Passive Income Podcast episode, Mark talks to an expert about assisted living franchises and how they are two investment opportunities in one!
Chuck Bongiovanni is the co-founder and CEO of Majestic Residences. Chuck is a Certified Franchise Executive and the founder of CarePatrol Franchise Systems, the largest franchised senior placement company in the nation with over 150 offices. His Social Work background made him the natural pioneer of the senior placement and referral industry for the past 27 years. In his placement agent career, he and his company placed over 100,000 seniors in assisted living and residential homes across the country.
Episode notes:
Chuck provides answers to:
- What’s a residential assisted living franchise?
- Who is the ideal resident and what are the advantages of living there?
- Who is the ideal investor and franchisee?
- What’s the average return on investment?
- What is the opportunity for investors and operators?
- What benefit does Majestic Residences bring to the franchisee?
Chuck also walks Mark through a residential assisted living facility case study and long-term care insurance and plans.
TIP OF THE WEEK
Chuck
Be a “sexy buffalo” and when you see a storm coming, run into it. That’s how I found success.
Mark
Learn more about this exciting business and real estate opportunity by visiting Discover Majestic Residences.
WANT TO LISTEN MORE?
Did you like this episode? If so, listen to another AOPI podcast episode on franchise ownership.
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