Majestic ResidencesFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A Majestic Residences franchise requires a total initial investment of $50K – $870K, including a $50K franchise fee and an ongoing 6.0% royalty[2]. The 2025 FDD does not disclose unit-level revenue (no Item 19). Verdict grade: C. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $50K – $870K
- 4th pct Senior Care
- Avg gross sales
- N/A
- 77th pct Senior Care
- Royalty
- 6.0%
- 38th pct Senior Care
- Units
- 17
- 45th pct Senior Care
- SBA default
- N/A
Quick verdict · Senior Care · color = vs category peers
Green = >15% above Senior Care avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Franchised units fell from 17 to 7 over 3 years. Investigate why operators are leaving.
Bottom line
- Total investment $50K – $870K including a $50K franchise fee, 6.0% ongoing royalty.
- No Item 19 financial performance data disclosed. The franchisor chose not to publish revenue figures.
- Verdict C (Average) with a risk score of 67/100.
- No Item 19 financial performance representation. Without franchisor-disclosed revenue data, you'll need to gather unit economics directly from existing franchisees.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- Majestic Residences Franchise Systems, LLC
- Ultimate parent
- None
- Predecessor
- We do not have a predecessor company
- Prior franchisor entity
- CEO title
- Co-Founder and CEO
- Chuck Bongiovanni
- CEO experience
- 15 yrs
- Years in role or industry
- Founder active
- Yes
- Original founder still leading the business
- Incorporated in
- DE
- HQ
- 460 South Greenfield Road, Suite 5, Mesa, AZ 85206
- Auditor
- Schultz & Associates, PLC
- Audited financials
- Franchisor revenue
- $398K
- vs $358K prior year
Overview
About
Majestic Residences franchisees likely operate real estate brokerage, property management, or residential sales operations, managing client portfolios, conducting market analysis, overseeing transactions, and building client relationships within their protected territory. Day-to-day work involves client acquisition, property listings/management, transaction processing, and compliance with franchisor standards and systems.
- CEO
- Chuck Bongiovanni
- Headquarters
- AZ
- Founded
- 2020
- FDD year
- 2025
- States available
- 8
FDD Item 7 · 2025 filing · 21 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Fee (Converting Existing Licensed Facility)not refundable | $10K | $10K | |
| Capital Needed During Start Up Phase | $0 | $5K | |
| Typical Hardware and Software Needed | $0 | $5K | |
| Business Licenses and Permits | $0 | $1K | |
| Professional Fees | $1K | $3K | |
| Professional Association Membership | $150 | $400 | |
| Medication Cart | $2K | $3K | |
| Majestic Moments Package | $5K | $5K | |
| Employee Uniforms | $90 | $900 | |
| Marketing and Promotions | $500 | $1K | |
| Insurance | $500 | $1K | |
| Training Expenses | $1K | $4K | |
| Certification | $3K | $8K | |
| Additional Funds | $5K | $15K | |
| Initial Franchise Fee (Purchasing/Constructing Home)not refundable | $50K | $50K | |
| Security Deposits | $500 | $2K | |
| Purchase of Real Estate | $40K | $200K | |
| Construction, Remodeling & Improvements | $2K | $500K | |
| Furniture, Decor Items & Fixtures | $10K | $20K | |
| Office Equipment & Supplies | $700 | $6K | |
| Total initial investment | $131K | $840K |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $50K – $870K
- Better than avg vs category
- Liquid capital req'd
- $5K – $25K
- Better than avg vs category
- Franchise fee
- $10K – $50K
- Better than avg vs category
- Royalty
- 6.0%
- Gross Sales · typical 6–8%
- Ad fund
- 1.0%
- typical 3–5%
- Total fee load
- 6.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 6.0% of gross sales |
| Marketing / ad fund | 1.0% of gross sales |
| Technology fee | $300 |
| Transfer fee | $10K |
| Renewal fee | $5K |
| Total fee load | 6.0% of rev |
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
vs Senior Care averages
How Majestic Residences Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 17
- Opened
- 7
- Last reporting year
- Closed
- 0
- Terminated
- 0
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 0.0%
- Company-owned
- 0
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
- Net growth (yr3)
- +70.0%
- Net unit change last year
- 3-yr CAGR
- +142.9%
- Compounded over last 3 years
3-year detail · Item 20
- Opened (3yr)
- 5
- Closed (3yr)
- 2
- Transfers (3yr)
- 4
- Projected new
- 5
- Franchisor's next-year forecast
- Transfer rate
- 23.5%
- Owners selling to other franchisees
- Ceased ops
- 11.8%
- Units that stopped operating
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 31 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator. Not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
Fast growth in a small system. Newer franchisors expanding quickly may not yet have the support infrastructure of larger systems.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA loan disclosures. This brand has only 1 7(a) loan on file; statistical reliability is limited below 10 loans.
- Total loans
- 1
- Loan volume
- $280K
- Median loan
- $280K
- average
- Charge-off rate
- N/A
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- N/A
- 5-yr charge-off
- N/A
- Loans approved 2021+
- Active lenders
- 0
- Defaults
- 0
Explore lender portfolios on Bank Reports or regional data on State Reports.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Majestic Residences presents caution-level risk due to missing financial disclosure (Item 19), an unusually wide investment range, small unit base, and insufficient data to validate franchise viability.
Litigation (Item 3)
No litigation disclosure provided in Item 3
Largest disclosed settlement: $49,500
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Schultz & Associates, PLC
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: No
- Kickbacks from required suppliers: No
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 67 / 100 rating
- 01MEDNo Item 19 (Average Revenue/Net Income) disclosed — impossible to validate ROI or profitability claims
- 02MINORExtreme investment range ($28K–$870K) suggests undefined costs, inconsistent implementation, or hidden expenses
- 03MINOROnly 17 units with 70% YoY growth is modest absolute growth for a franchise system; sustainability unclear
- 04MINORHigh franchise fee ($49,500) relative to low-end investment cap; questions about value proposition
- 05HIGHGoing Concern = False (ambiguous interpretation: either system is stable or disclosure is incomplete)
- 06HIGHNo litigation disclosure is positive but combined with missing financials raises transparency concerns
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 5 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 3 |
| Territory type | Geographic territory |
| Protected territory | Yes |
| Exclusive territoryℹ | Yes |
| Online sales rightsℹ | Granted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Right of first refusalℹ | No |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Termination groundsℹ | 1 |
| Curable defaultsℹ | 3 |
| Mandatory arbitration | No |
| Jury trial waiver | Yes |
| Governing law | Arizona |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation disclosure provided in Item 3
Items 10, 11
Training & Operations
- Classroom training
- 82 hrs
- On-the-job training
- 11 hrs
- Training location
- On-site and corporate
- Ongoing training
- Required
- Franchisor financing
- Offered
- Item 10
- POS system
- QuickBooks Online
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: QuickBooks Online
Item 20 · call current owners
Franchisee Contacts
47 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Majestic Residences · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Majestic Residences franchise?
The total investment to open a Majestic Residences franchise ranges from $50K – $870K, with an initial franchise fee of $50K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Majestic Residences franchise owners earn?
Majestic Residences does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is Majestic Residences's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Majestic Residences (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many Majestic Residences franchise locations are there?
As of their most recent FDD filing, Majestic Residences has 17 total units in the United States, including 17 franchised units and 0 company-owned units. 7 new units were opened in the latest reporting year.
Is Majestic Residences a good franchise to buy?
FranchiseVerdict rates Majestic Residences as a C-grade franchise with a risk score of 67 out of 100, based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.