Worth It?HistoryDatabaseCompareDistress SignalsFDD Changes
Senior CareLimited DataItem 19: ✓ DisclosedQuality: 60/100

My Elder Advocate

Based on 2017 FDD · 1 filing in corpus

FranchiseIQ Score
59
C
Moderate Risk
Composite score based on SBA default rate, unit growth, disclosure quality & investment efficiency.
Full analysis unlocks:
✓ Cash-on-Cash return
✓ Payback period
✓ SBA default rate
✓ Red flags assessment
✓ Comparable franchises
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Total Investment Range$85K$123K
MinMid: $104KMax

Key Metrics

Franchise Fee
$40K
Royalty Rate
8%
Ad Fund Rate
2%
Total Burden
10.0%
Royalty + ad fund
Units (2023)
Net Unit Growth
Year over year
Cash-on-Cash Return
~8–15%
Annual estimated return
Payback Period
~5–12 yrs
Break-even timeline
SBA Default Rate
~3–8%
Fewer than 50 loans on record
Median Revenue
~$800K–$2M
Item 19 disclosed
Red Flags Assessment
LOW: Single-year corpus
LOW ×1
Premium Data

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SBA default rate, Risk Score, CoC%, investment benchmarks, and unit growth for My Elder Advocate.

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Estimated using sector-average margins. Actual franchise economics vary by location, operator, and market conditions.

My Elder Advocate vs. Senior Care Average

MetricMy Elder AdvocateSenior Care Avg
SBA Default Rate3.2%
Cash-on-Cash Return19.8%
Total Investment$104K$185K

Industry averages based on FranchiseIQ corpus benchmarks. ▲ = better than avg, ▼ = worse.

Compare

My Elder Advocate vs Community Care OptionsMy Elder Advocate vs ACASA Senior CareMy Elder Advocate vs Crossing the Jordan

Similar Franchises · Senior Care

Community Care Options
No Item 19
$40K$64K
ACASA Senior Care
Limited Data
$82K$132K
Crossing the Jordan
Limited Data
$260K$449K
Community Care Options
$40K – $64K
ACASA Senior Care
$82K – $132K
Crossing the Jordan
$260K – $449K
CarePatrol
$65K – $136K

Questions to Ask Before You Sign

5 data-driven questions every My Elder Advocate franchise buyer should ask.

  1. 1.What is My Elder Advocate's SBA default rate compared to its competitors?Learn more →
  2. 2.Does My Elder Advocate disclose Item 19 financial performance representations?Learn more →
  3. 3.What is the net unit growth trend over the past 3 years?Learn more →
  4. 4.What is the franchisee termination and transfer rate per Item 20?Learn more →
  5. 5.What do the FDD litigation disclosures (Item 3) reveal about franchisor legal history?Learn more →
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Data sourced from publicly filed Franchise Disclosure Documents (FDDs) submitted to state franchise regulators. SBA loan data from public SBA 7(a) records. Information reflects the most recent FDD filing in our database and may not reflect current terms. Always verify with the franchisor's current FDD before making any investment decision. Not legal or financial advice.