Legato Living Successfully Leverages the Franchise Expertise of “A Place at Home”
About 10 years ago Jared Evanich and Dustin Distefano started an in-home care agency called A Place at Home. Franchising began about four years ago. In their growth plan, they set out to find home-like facilities for people who could no longer stay safe in their own homes but wanted to stay out of a big-box facility or nursing home.
During their research on how best to expand, they met Erin Render, who had successfully founded Legato Living, a residential group living business model, for people living with moderate to advanced stages of dementia. The business was profitable and had achieved high satisfaction ratings from both residents and their families.
Erin, Jared, and Dustin decided to partner so they could expand the good work of Legato Living through a franchise business model. Everyone quickly recognized that Legato Living franchise owners would have two attractive vehicles to generate revenue for the business:
- The residential home and the rents paid by residents on one side of the business and the real estate property-related investments to build out the various locations
- Meanwhile, rents are partially used to pay off mortgages or remodel — all the while building equity in the real estate side of the business model
Legato Living’s Five-Step Process for Opening Your New Group Home
In a nutshell, we leverage over 40 years of our leadership team’s senior care experience to keep your opening schedule on track. We’ll help you…
- Find the right real estate investment for your first home and look ahead at opportunities to open additional homes that mesh with your business goals
- Provide successful guidance to build or remodel your home
- Guide you through the often-complex process of the state, county, and local permits, licenses, ordinances, and all the other details required to successfully open a Legato Living group residence
- Teach you to operate your Legato Living group residence. You’ll learn how to maintain favorable caregiver/staff ratios for the residents in your charge. Compared to large institutional settings, Legato Living’s resident-to-staff ratios of 4:1 create both a better quality of work-life for your staff and a better living experience for your residents. Larger institutions resident to staff ratios are at least double a Legato Living home
- Show you how to market your Legato Living group homes(s). Our programs will enhance your word-of-mouth reputation for referrals from medical professionals, non-profit and religious organizations, and many other respected people and institutions in your community
Learn About Legato Living’s Five-Step Process
Market Demand is Growing & Generous Territories are Available
The U.S. assisted living facility market size was valued at $83.2 billion in 2020. Projections expect it to expand at a compound annual growth rate of 5.3% from 2021 to 2027.source – grandviewresearch.com
More than 6 million Americans are living with Alzheimer’s. By 2050, researchers expect this population to rise to nearly 13 million.
One in three seniors dies with Alzheimer’s or another dementia. It kills more than breast cancer and prostate cancer combined. In 2021, Alzheimer’s and other dementias will cost the nation $355 billion. By 2050, these costs could rise as high as $1.1 trillion.source – Alzheimer’s Association
How are Legato Living Territories Determined?
All territories are exclusive. We have smaller territories that are within a mile radius or 75,000 total population. So a city with a population of 150,000 would be large enough to support 2-3 Legato Living homes depending on how many residents live in each home.