Business Description

IKOR provides advocacy directed to the life issue facing the elderly / disabled and their families - the missing element in eldercare. IKOR provides RN assessment, strategic planning, implementation, and ongoing quality assurance enabling families to address the day to day concerns. IKOR also provides basic bill pay services and financial support. IKOR meets the needs of persons with no family, family at a distance, or when family is in conflict in making the decisions. In addition to core advocacy services, IKOR also provides professional guardianship of person / estate by the court appointment.

Franchisor Background

Year Established:  1991

Franchising Since:  2008

Operating Units:
Franchised Units:	0	0%
Company-Owned Units:	1	100%
Total Operating Units:	1	100.0%
Geographic Distribution: U.S.: 1 100% In 1 States Canada: 0 0% In 0 Canadian Provinces International: 0 0% In 0 Foreign Countries   Total: 1 100.0%

North America:
States/Provinces with the largest number of operating units:

Density	Units
1. Pennsylvania	1

Registered in Following Registration States: Maryland, New York, Virginia

Financial Requirements

Investment:
Minimum Net Worth:	$200K
Cash Investment:	$175K
Total Investment:	$175K
Average Total Investment:	$175K
Fees:
Initial Franchise Fee:	$35K
Average Franchise Fee:	$35K
On-Going Royalty:	8%
Average Royalty:	8%
Advertising Fee:	2%

Average Number of Employees: 5 Full-time, 5 Part-time

Space Needs (in square footage): 1,800

Preferred Sites:

Other Sites:

Encourage Conversions? No

Earnings Claims Provided?: No

Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:	3
General Business Experience:	5
Specific Industry Experience:	3
Formal Education:	5
Psychological Profile:	N/A
Personal Interview(s):	N/A
Terms of Contract
Term of Initial Contract:	10 Year(s)
Term of Renewal Period:	5 Year(s)
Passive Ownership:	Allowed, But Discouraged
Area Development Agreements?	No
Sub-Franchising Contracts?	No
Franchisees Allowed to Expand Within Territory?	No
Support and Training
International Franchise Association:	No
Canadian Franchise Association:	No
Franchisee Association/Member:	No
Size of Corporate Staff:	0
Site Selection Assistance?	Yes
Lease Negotiation Assistance?	Yes
Financial Assistance?	No
Marketing Support:
Co-Op Advertising:	No
National Advertising:	Yes
Regional Advertising:	Yes
Local Advertising:	Yes
Marketing Materials:	Brochures, Promotional Items, Trade Show Exhibits
Additional Services:	In-house Marketing, Press Releases, Sales Strategies
Other Marketing Support:	None Specified
On-Going Support:
Central Data Processing:	Included in Fees
Central Purchasing:	Not Applicable
Field Operation Evaluation:	Included in Fees
Field Training:	At Additional Cost
Initial Store Opening:	Included in Fees
Inventory Control:	At Additional Cost
Franchisee Newsletter:	Not Applicable
Regional or National Meetings:	At Additional Cost
800 Telephone Hotline:	Included in Fees
Training:
1. Kennett Square, PA	2 Weeks
Expansion Plans
Projected New Units Over Next 12 months: 10 U.S.: Yes Canada: No Overseas: No	Request Franchisor Info   Submit an online form to receive information from IKOR.   •  Coupons   •  Franchise Video