Where can I find the specific details about the conversion discount for a Caring Senior Service franchise?
Caring_Senior_Service Franchise · 2025 FDDAnswer from 2025 FDD Document
In the event you are converting an existing in-home care business to a Caring Senior Service franchised business, we offer you a 50% discount on the Franchise Fee for the Territories being converted, as outlined in the Conversion Addendum attached as Exhibit K to the Franchise Agreement.
A 50% discount will be applied to the initial franchise fee if you are an existing Caring Senior Service System franchisee and your office has achieved our GreatCare Master certification, or if you operate multiple offices, one of your offices must have achieved our GreatCare Master certification and your remaining office(s) must have achieved any of our GreatCare office certification levels at the time of your additional purchase of a franchise.
If you are entering into a subsequent Franchise Agreement for an additional franchise Territory, we offer you a 10% discount off of the Franchise Fee for your second Territory, a 15% discount off of the Franchise Fee for your third Territory, a 20% discount off of the Franchise Fee for your fourth Territory, and a 25% discount off of the Franchise Fee for your fifth Territory.
Source: Item 5 — INITIAL FEES (FDD pages 10–11)
What This Means (2025 FDD)
According to Caring Senior Service's 2025 Franchise Disclosure Document, details regarding the conversion discount can be found within Item 5, specifically in the section about the Franchise Fee. If a prospective franchisee is converting an existing in-home care business to a Caring Senior Service franchise, they may be eligible for a discount.
The FDD states that Caring Senior Service offers a 50% discount on the Franchise Fee for the territories being converted. The specific details of this discount are further outlined in the Conversion Addendum, which is attached as Exhibit K to the Franchise Agreement. This addendum would likely contain the specific requirements and conditions that must be met to qualify for the discount.
It's important to note that if a franchisee qualifies for both the conversion discount and the VetFran military veteran's discount, they can only benefit from one of these discounts. Therefore, prospective franchisees should carefully review Exhibit K and discuss with Caring Senior Service which discount would be most beneficial for their situation.