The Ins and Outs of a Legato Living Investment
People aspiring to make a multi-unit investment will find our franchise business model highly attractive. If you own 3-6 Legato Living residences you’d rent those homes back to the real estate side of your business; thereby paying off your real estate assets over 10 years.
By the time you’re ready to retire, you’ll accumulate a large asset with a memory care business generating six figures in three to six different homes. So, you’ve not only cared for a vulnerable group of neighbors in your community but in the process built a legacy business for you and your family.
We are the first franchise business model to pioneer the memory care management segment in a residential setting. By franchising with us, we can help eliminate potential start-up troubles. Just a few of the struggles that we’ve seen others experience trying to start a memory care residential group home are:
- Finding the right type of real estate and location
- Dealing with permits to the city, the county, the state, and homeowners associations
- How to put meal plans together?
- What kind of activities for residents?
- How do you market to find clients?
- How do you retain clients?
- What are your staffing ratios?
- How do you design the home?
- What’s the required paperwork for admissions?
- What’s the required paperwork for a new employee?
- How do you pay an employee once they’ve started working for you?
All these large and small issues and dozens more are addressed in our onboarding process for every franchise owner.
Legato Living: Potential for Both a Franchise Business and Real Estate Investment
High-Level Investment Summary
Business Models to Choose From
- Conversion of an existing home
- Purchasing the real estate and modifying
- New construction
- Rental of the real estate and owning the operations
Key Franchise Investment Highlights
Initial Franchise Fee: $50,000
First Responder/Veteran Discount
Multi-Unit Development: $50k + $30,000 additional (2-6)
10% off if wanting to purchase additional territories after you’ve entered into an agreement
Royalty (gross sales) | 6.0% | $1,000 minimum |
Brand Fund | 1.0% | National Fund |
Local Advertising | 1.0% | You Spend Locally |
Technology Fee | $225/month | Technology |
Website Fee | $100/month | Website and Hosting |
Pre-Funding Application Focus Business Funding
Completing the following pages should only take you 2 ‐ 3 minutes. This information will enable us to do a preliminary assessment of possible funding options for your franchise. We will not perform any credit pulls or do anything to affect your credit score.
For pages identified as “Existing Only”, enter “N/A” if you are starting a new Legato Living franchise.
Once received, we’ll reach out to you for a brief initial conversation and promise to be professional and respectful during all communications.