What does the Caring Senior Service Franchise Fee include initially?
Caring_Senior_Service Franchise · 2025 FDDAnswer from 2025 FDD Document
The Franchise Fee is described in greater detail in Item 5 of this Disclosure Document.
The Franchise Fee includes your initial requirement of computer software, and your initial supply of certain forms and materials, including business cards, letterhead, envelopes, brochures, and management package.
- We have included a separate table for the initial investment if you sign the Development Addendum for the right to develop within additional Territories.
If you sign the Development Addendum, then in addition to your estimated initial investment described above, you will pay us a Development Fee for each Territory you reserve under the terms of your Development Addendum.
As long as you enter into a franchise agreement for each reserved Territory pursuant to the terms of the Development Addendum, your Development Fee will be credited towards the Franchise Fee due under the reserved Territory's franchise agreement.
Both the Franchise Fees and Development Fees are non-refundable.
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 franchise fee includes the initial requirement of computer software, and the initial supply of certain forms and materials. These forms and materials include business cards, letterhead, envelopes, brochures, and a management package. The franchise fee for the first territory is $49,000, which is paid in a lump sum when the Franchise Agreement is signed.
Prospective franchisees should note that this fee is non-refundable. This is a common practice in franchising, as the fee covers the franchisor's initial costs of granting the franchise and providing initial support. The initial franchise fee is part of a larger estimated initial investment, which ranges from $97,372 to $148,744.
If a franchisee signs a Development Addendum for the right to develop within additional territories, they will pay a Development Fee for each territory reserved. This fee ranges from $20,000 to $60,000 for one to three additional territories and is also non-refundable. However, this Development Fee will be credited towards the Franchise Fee due under the reserved territory's franchise agreement, as long as the franchisee enters into a franchise agreement for each reserved territory.