What is the estimated total initial investment range for a Caring Senior Service franchise?
Caring_Senior_Service Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Expenditure | Amount | Method of Payment | When Due | To Whom Paid |
|---|---|---|---|---|
| Franchise Fee1 | $49,000 | Lump sum | When Franchise Agreement is Signed | Us |
| Type of Expenditure | Amount | Method of Payment | When Due | To Whom Paid |
| Leasehold | $0 to $1,000 | As agreed | As agreed | Contractor |
| Improvements2 | ||||
| Equipment, Furniture, Fixtures, Computer Systems and Office Supplies3 | $5,000 to $8,500 | As agreed | As agreed | Us and/or Suppliers |
| Signage4 | $0 to $1,500 | As agreed | As agreed | Us and/or Suppliers |
| Rent5 | $800 to $4,000 | As agreed | As agreed | Landlord |
| Miscellaneous Opening Costs6 | $1,500 to $5,000 | As agreed | As agreed | Utility Companies; Insurance Companies; Attorney or Accountant |
| Initial Marketing/ Grand Opening Event7 | $6,500 to $7,500 | As agreed | As agreed | Approved Suppliers |
| Business Permits and | $0 to $12,100 | As agreed | As agreed | Government |
| Licenses8 | Agencies | |||
| Initial Inventory9 | $0 to $300 | As incurred | As incurred | Suppliers |
| Vehicle10 – 2 months | $400 to $1,000 | As agreed | As agreed | Third Parties |
| Branded Attire | $50 to $250 | As incurred | As incurred | Suppliers |
| Travel and Living Expenses While Training11 | $4,250 to $7,150 | As incurred | As incurred | Airlines, Hotels, Restaurants |
| Additional Funds – 3 | $29,872 to $51,444 | As incurred | As incurred | Suppliers |
| Months12 | ||||
| Total | $97,372 to $148,744 |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT YOUR ESTIMATED INITIAL INVESTMENT (FDD pages 17–21)
What This Means (2025 FDD)
According to Caring Senior Service's 2025 Franchise Disclosure Document, the estimated total initial investment for a single-unit franchise ranges from $97,372 to $148,744. This includes various expenses, such as the franchise fee, leasehold improvements, equipment, signage, rent, and initial marketing costs. It also factors in business permits and licenses, initial inventory, vehicle costs, branded attire, travel and living expenses during training, and additional funds for the first three months of operation.
The initial franchise fee is $49,000. Leasehold improvements can range from $0 to $1,000, while equipment, furniture, computer systems, and office supplies are estimated to cost between $5,000 and $8,500. Signage costs can range from $0 to $1,500, and rent is estimated between $800 and $4,000. Miscellaneous opening costs range from $1,500 to $5,000, and initial marketing and grand opening events are projected to cost between $6,500 and $7,500.
Business permits and licenses can range from $0 to $12,100, while initial inventory costs are estimated between $0 and $300. Vehicle costs for two months range from $400 to $1,000, and branded attire is estimated to cost between $50 and $250. Travel and living expenses while training range from $4,250 to $7,150. The additional funds needed for the first three months of operation are estimated to be between $29,872 and $51,444. These figures do not include any salary for the franchisee owner.