January 16, 2019
SCOTTSDALE, Ariz. – Assisted Living Locators, a leading senior placement franchise, landed a spot in Entrepreneur magazine’s Franchise 500®, the world’s most comprehensive franchise ranking. Recognized as an invaluable resource for potential franchisees, the Franchise 500® ranks Assisted Living Locators as #374, which was the top ranking among senior placement franchises. The company was selected for its outstanding performance in areas including unit growth, financial strength and stability, and brand power.
“Receiving this Franchise 500® ranking is a highly sought-after honor and demonstrates the strength of our brand and value of our franchise network,” said Angela Olea, Assisted Living Locators RN CEO. “We are committed to being at the forefront of the senior placement industry. Our proven business model appeals to franchisees because of our comprehensive training and support as well as the opportunity for growth.”
Assisted Living Locators offers a no cost placement service for seniors and their families providing expert advice on short-term and long-term care options including in-home care, assisted living, memory care and retirement apartments. It generates revenue from the referral fees paid by the communities.
In 2018, the company exceeded the 100 franchise mark. Assisted Living Locators broke into the triple digits after a decade of consecutive growth, after two years of unprecedented franchise recruitment. As the first senior placement and referral franchise business in the U.S., the company has pioneered its way to a national presence with 107 franchisees in 33 states and the District of Columbia.
Over its 40 years in existence, the Franchise 500® has become both a dominant competitive measure for franchisors and a primary research tool for potential franchisees. Assisted Living Locators’ position on the ranking is a testament to its strength as a franchise opportunity.
To view Assisted Living Locators in the full ranking, visit www.entrepreneur.com/franchise500.