New Life Assisted Living Franchise Cost, Revenue & Review 2026
Data from FDD filing
Analysis by FranchiseVerdict Research · Methodology
New Life Assisted Living is a senior care franchise operating assisted living homes providing residential care and daily-living support. Franchisees run the facilities, managing caregiving staff, residents, and operations.
FranchiseVerdict summary · 2026
A New Life Assisted Living franchise requires a total initial investment of $110K – $202K, including a $35K franchise fee and an ongoing 6.0% royalty[2]. The 2025 FDD does not disclose unit-level revenue (no Item 19). FranchiseVerdict grade: C (Average), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2025 FDD issuance
Overview
- Investment
- $110K – $202K
- 59th pct Senior Care
- Avg gross sales
- N/A
- Royalty
- 6.0%
- 41st pct Senior Care
- Units
- 5
- 17th pct Senior Care
- SBA charge-off
- N/A
Quick verdict · Senior Care · color = vs category peers
Green = favorable by >10% vs Senior Care avg · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- COSTTotal investment $110K – $202K including a $35K franchise fee, 6.0% ongoing royalty.
- RETURNSItem 21 states the franchisor has not been in business for three years; Exhibit E contains only an unaudited opening balance sheet as of February 29, 2024 (explicitly marked prepared without audit), showing total assets $936, total liabilities $0, owner's equity $936. No income statement or revenue figures are present in the extractable text. The referenced audited December 31, 2024 statement pages are image-only and not machine-readable.
- RISKVerdict C (Average), verdict score 39/100 (higher is better).
- DATANo 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
Corporate structure & franchisor financials
- Legal entity
- New Life Assisted Living, LLC
- CEO title
- President
- Alvin Thomas
- Incorporated in
- MD
- HQ
- 6901 Scarlet Oak Drive, Elkridge, Maryland 21075
- Auditor
- Omar Alnuaimi, CPA
- Audited financials
- Franchisor revenue
- $13K
- Most recent fiscal year
Overview
About
- CEO
- Alvin Thomas
- Headquarters
- MD
- Founded
- 2023
- FDD year
- 2025
- States available
- 0
Can you afford it, and what does the money buy?
Entry cost runs 40% below the typical senior care franchise.
Source: FDD 2025 · Items 5–7
Full Item 7 breakdown18 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Royaltynot refundable | — | — | |
| Marketing Fund Contributionnot refundable | — | — | |
| Market Cooperative Contributionnot refundable | — | — | |
| Local Marketing/Required Spendingnot refundable | — | — | |
| Replacement / Additional Training Feenot refundable | $500 | $500 | |
| Reimbursementnot refundable | — | — | |
| Late Feenot refundable | $100 | $100 | |
| Insufficient Funds Feenot refundable | $30 | $30 | |
| Costs of Collectionnot refundable | — | — | |
| Customer Complaint Resolutionnot refundable | — | — | |
| Records Auditnot refundable | — | — | |
| Special Inspection Feenot refundable | $250 | $250 | |
| Non-Compliance Cure Costs and Feenot refundable | — | — | |
| Transfer Feenot refundable | — | — | |
| Renewal Feenot refundable | — | — | |
| Liquidated Damagesnot refundable | — | — | |
| Indemnitynot refundable | — | — | |
| Prevailing Party's Legal Costsnot refundable | — | — | |
| Total initial investment | $880 | $880 |
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
- $110K – $202K
- Middle of category vs category
- Liquid capital req'd
- $40K – $50K
- Bottom third — review vs category
- Franchise fee
- $35K – $35K
- Top 40% of category vs category
- Royalty
- 6.0%
- percentage · typical 6–8%
- Ad fund
- 1.0%
- typical 3–5%
- Total fee load
- 7.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 6.0% of gross sales |
| Marketing / ad fund | 1.0% of gross sales |
| Transfer fee | $0 |
| Renewal fee | $0 |
| Inventory (initial) | $250 – $500 |
| Total fee load | 7.0% of rev |
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
New Life Assisted Living did not disclose financial performance in FDD Item 19. The ROIC and return models require Item 19 revenue. Without it all inputs are estimates. You can still run the calculator with your own assumptions by entering an expected revenue figure.
Returns model · single-unit ROIC
What would one New Life Assisted Living unit return on the cash you put in?
Unlevered ROIC · per unit
Estimated return on your total franchise investment, before any debt financing.
67%
Above the 30–60% band. Verify revenue is per-unit average
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2025 FDD
Financial Performance
Item 21 states the franchisor has not been in business for three years; Exhibit E contains only an unaudited opening balance sheet as of February 29, 2024 (explicitly marked prepared without audit), showing total assets $936, total liabilities $0, owner's equity $936. No income statement or revenue figures are present in the extractable text. The referenced audited December 31, 2024 statement pages are image-only and not machine-readable.
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Fee burden
Total ongoing fee load of 7.0% (near the Senior Care average).
Disclosure
Franchisor chose not to disclose financial performance representations. You will need to gather unit economics directly from existing franchisees.
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Senior Care averages
How New Life Assisted Living Compares
Is the system healthy?
Source: FDD 2025 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 5
- Opened
- 0
- Last reporting year
- Closed
- 0
- Turnover rate
- 0.0%
- Company-owned
- 5
- Corporate units in the system
- % franchised
- 0%
- vs corporate-owned
3-year detail · Item 20
- Opened (3yr)
- 0
- Closed (3yr)
- 0
- Terminated (3yr)
- 0
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 0
- Reacquired (3yr)
- 0
- Franchisor bought back
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
What could kill this investment?
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
Micro-scale franchise system with going concern warnings, zero financial transparency, and senior care regulatory complexity makes this a high-risk investment unsuitable for most franchisees.
Litigation (Item 3)
No litigation required to be disclosed in Item 3.
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Omar Alnuaimi, CPA
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: Yes
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 39 / 100 verdict
- 01HIGHGoing concern issue — franchisor has material doubt about ability to continue operations
- 02MINORNo financial disclosure (Item 19) — cannot validate average unit economics or profitability claims
- 03MINORExtremely small system (5 units) — insufficient scale, high franchisor dependency risk, minimal network support
- 04MEDNo disclosed unit growth history — unable to assess system momentum or franchisee success rates
- 05MINORHigh initial investment ($109k–$202k) relative to 5-unit system size — capital intensity without proven ROI
- 06MINORSenior care is highly regulated and liability-intensive — operational complexity not reflected in franchise structure
- 07MED6% royalty on undisclosed revenue — cannot calculate break-even or profit margin impact
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 7.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2025 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 2 |
| Territory type | exclusive |
| Protected territory | Yes |
| Exclusive territoryℹ | Yes |
| Territory population | 100,000 |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 30 mi |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Termination groundsℹ | 1 |
| Mandatory arbitration | Yes |
| Arbitration location | Baltimore, Maryland |
| Governing law | Maryland |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation required to be disclosed in Item 3.
Items 10, 11
Training & Operations
- Classroom training
- 170 hrs
- On-the-job training
- 0 hrs
- Training location
- Outsourced virtually or at franchisor location in Elkridge, Maryland
- Ongoing training
- Required
- Time to open
- 9 mo
- From signing to launch
- Site selection
- Franchisee with franchisor approval
- Franchisor financing
- Not offered
- Item 10
- POS system
- QuickBooks
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: QuickBooks
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a New Life Assisted Living franchise?
The total investment to open a New Life Assisted Living franchise ranges from $110K – $202K, with an initial franchise fee of $35K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do New Life Assisted Living franchise owners earn?
New Life Assisted Living 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 Item 19 in the New Life Assisted Living FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the New Life Assisted Living FDD and qualifies whose outlets they describe.
What is New Life Assisted Living's franchise failure rate?
SBA 7(a) loan charge-off data is not available for New Life Assisted Living (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 New Life Assisted Living franchise locations are there?
As of their most recent FDD filing, New Life Assisted Living has 5 total units in the United States, including 0 franchised units and 5 company-owned units.
Is New Life Assisted Living a good franchise to buy?
FranchiseVerdict rates New Life Assisted Living as a C-grade franchise with a verdict score of 39 out of 100 (higher is better), 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
Are you the franchisor?
If you represent New Life Assisted Living, you can request corrections or provide updated information.
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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.