Majestic Residences
Senior & Adult Services · Non-Medical Home Care
- Active units
- 10
Franchised, year-end 2023
About Majestic Residences
Majestic Residences is a renowned franchise system of top residential care homes across the country. Our brand is dedicated to providing quality care through our core values and technology-driven approach. Each home that becomes part of our network must pass a rigorous vetting process and adhere to our philosophy of care and brand standards. At Majestic Residences, we believe in the power of a well-trained and passionate team. That's why our executive team is fully trained and committed to upholding our high standards of care. Led by co-founders Chuck Bongiovanni and Gene Guarino, along with Shannon McInnis as the Director of Franchise Development & Compliance, and Tony Zerilli as the Director of Operations, our corporate team ensures that every resident receives the best possible care and support. Our network of homes operates under a franchise licensing agreement, allowing each location to maintain its individuality while benefiting from the support and resources of Majestic Residences. We strive to create an ageless environment where residents can thrive and enjoy a variety of services tailored to their unique needs. Discover the Majestic Residences difference and join our community today.
Key terms
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD (2024 filing).
Growth
- Total locations10
Franchised units open at year-end
- New openings5
Gross new units opened during the calendar year
- 1-year unit growth rate42.9%
Net unit growth versus prior year
- 3-year unit CAGR29.1%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio5.0×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)—
Per FDD Item 19 disclosure
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate—
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment—
Midpoint of estimated initial investment range
- Time to open—
Midpoint of average time from agreement to opening
- Royalty rate—
Percent of net sales paid to the franchisor
- Sales-to-investment ratio—
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
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Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.