What is the initial franchise fee for a Caring Senior Service franchise?
Caring_Senior_Service Franchise · 2025 FDDAnswer from 2025 FDD Document
anchise Fee
In consideration of the grant of this franchise, you shall pay to us a non-recurring initial franchise fee for the franchise hereunder in an amount equal to Forty-Nine Thousand Dollars ($49,000), unless this amount is otherwise amended in Exhibit A of this Agreement. The initial franchise fee shall be deemed to have been fully earned by us upon execution of this Agreement and is not refundable.
5.2 Royalty Fee
You agree to pay us a non-refundable royalty ("Royalty Fee") equal to five percent (5%) of your Gross Billings or the Minimum Royalty Fee, whichever amount is higher, payable every two (2) weeks as described in subparagraph (c) below.
Source: Item 23 — RECEIPTS (FDD pages 53–204)
What This Means (2025 FDD)
According to the 2025 FDD, the initial franchise fee for a Caring Senior Service franchise is $49,000. However, this amount may be amended in Exhibit A of the Franchise Agreement. This fee is non-refundable and is considered fully earned by Caring Senior Service upon the execution of the agreement.
However, the FDD also states that Section 5.1 of the Franchise Agreement may be deleted and replaced with the following: the initial franchise fee is $22,500. This lower initial franchise fee may be part of an incentive program.
Prospective franchisees should carefully review Exhibit A and Section 5.1 of their Franchise Agreement to confirm the exact initial franchise fee applicable to their specific agreement. They should also inquire about any potential incentive programs that may reduce the initial fee.