New Life Assisted Living vs Jovie
Franchise Comparison 2026
Both New Life Assisted Living and Jovie are senior care franchises. New Life Assisted Living requires an investment of $110K – $202K while Jovie requires $124K – $193K. FranchiseVerdict rates New Life Assisted Living B (Above average) and Jovie B (Above average).
| Metric | New Life Assisted Living | Jovie |
|---|---|---|
| Verdict Grade | BAbove average | BAbove average |
| Investment Range | $110K – $202K | $124K – $193K |
| Franchise Fee | $35K | $50K |
| Royalty Rate | 6.0% | 5.0% |
| Average Revenue (Item 19) | N/ANo Item 19 representation | N/A |
| SBA Charge-Off Rate | N/A | N/A |
| Total Units | 5 | 182 |
| Unit Growth (YoY) | +0 units | -3 units |
| Year Began Franchising | 2024 | 2005 |
| FDD Year | 2025 | 2025 |
Investment Range
$110K – $202K
$124K – $193K
Franchise Fee
$35K
$50K
Royalty Rate
6.0%
5.0%
Average Revenue (Item 19)
N/ANo Item 19 representation
N/A
SBA Charge-Off Rate
N/A
N/A
Total Units
5
182
Unit Growth (YoY)
+0 units
-3 units
Year Began Franchising
2024
2005
FDD Year
2025
2025