How Much Does a Meraki Assisted Living Franchise Cost?
Data from the 2023 Franchise Disclosure Document
Investment Summary
Total Investment
$129K – $627K
Franchise Fee
$75K
Royalty
the greater of $500 per Care Home or 7% of Gross Revenue
Ad Fund
2.0%
Cost Breakdown
Initial Franchise Fee
The initial franchise fee for Meraki Assisted Living is $75K. This one-time payment covers the right to operate under the brand, access to proprietary systems, and initial training programs.
Total Investment Range
Opening a Meraki Assisted Living franchise requires a total investment of $129K – $627K. This range typically includes real estate or leasehold improvements, equipment and fixtures, initial inventory, signage, insurance, and working capital to sustain operations during the ramp-up period.
Working capital alone ranges from $19K to $53K.
Ongoing Costs
Beyond the initial investment, Meraki Assisted Living franchisees pay ongoing fees. The royalty structure is: the greater of $500 per Care Home or 7% of Gross Revenue. The advertising or brand fund contribution is 2.0% of gross sales. There is also a technology fee of $75.
Net Worth & Liquid Capital Requirements
Meraki Assisted Living requires working capital of $19K – $53K to cover initial operating expenses. This is the liquid cash you should have available beyond the franchise fee and buildout costs.
What Can You Earn?
According to Meraki Assisted Living's Item 19 financial performance representation:
Median gross sales: $952K
This figure comes from Item 19 of the FDD. Gross sales are not the same as take-home profit. After deducting royalties, ad fund fees, rent, labor, and COGS, net income is typically a fraction of gross revenue.
Next Steps
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