Best Life Brands Franchise — Costs & How to Buy
Supporting people along the continuum of care
- Initial investment
- —
- Franchise fee
- —
- Royalty
- —
- Units open
- 743
- Headquarters
- Idaho
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Overview
Best Life Brands is a family of companies operating in the senior care and wellness industry, focused on supporting individuals along the continuum of care. They offer diverse services designed to enhance the wellness and well-being of their clients under a 'best life' philosophy. The company provides opportunities for entrepreneurs to invest in a growing market that serves the aging population.
Key differentiators
["Diverse portfolio of established brands under one umbrella, covering multiple aspects of senior care and living transitions.","Backed by The Riverside Company, a global private equity firm, providing strong financial backing and strategic growth support.","Operates in a rapidly growing $300 billion industry (senior care) with a projected increase to 70 million Americans aged 65 and older by 2030.","Empowers franchisees to make a significant social impact while achieving financial independence, even without prior healthcare experience.","Proven growth story with nearly 800 locations across its brands due to strategic acquisitions and market penetration."]
Training & support
Best Life Brands offers guidance and support every step of the way to their franchisees, indicating a structured training and ongoing support system. This support allows individuals without prior healthcare experience to successfully operate their franchises.
Ideal candidate
Their target market for services is individuals within the aging population, specifically Americans aged 65 and older, and their families who require support across various stages of care, living transitions, or accessibility needs. Their target market for franchisees are purpose-driven entrepreneurs who are passionate about helping people, want to be active in their community, and possess an entrepreneurial drive to scale a multifaceted business, with unlimited profit potential, even if they lack healthcare experience.
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Best Life Brands franchise — frequently asked questions
How much does it cost to open a Best Life Brands franchise?+
Total initial investment for a Best Life Brands franchise typically ranges from $0 to $0, including the franchise fee, build-out, equipment, initial inventory, and working capital for the first three months of operations.
What ongoing fees does Best Life Brands charge?+
Franchisees pay an ongoing royalty calculated as a percentage of gross revenue, plus a brand development fund contribution. Specific percentages and minimums are disclosed in Item 6 of the Franchise Disclosure Document.
Do I need industry experience to own a Best Life Brands franchise?+
No prior industry experience is required. Best Life Brands provides initial training, an operations manual, and ongoing field support. Successful candidates typically bring management experience, leadership skills, and a willingness to follow the system.
How long does it take to open a Best Life Brands location?+
From signed franchise agreement to grand opening, most Best Life Brands franchisees open within 6 to 12 months. Timeline depends on real estate selection, permitting, build-out, and training completion.
Is financing available for Best Life Brands franchisees?+
Best Life Brands is registered with the SBA Franchise Directory, which streamlines SBA 7(a) loan approval. Most franchisees finance 60–80% of the initial investment through a combination of SBA loans, equipment financing, and personal capital.