What is the median gross billing for Caring Senior Service franchisees?
Caring_Senior_Service Franchise · 2025 FDDAnswer from 2025 FDD Document
| Median Gross Billings | $921,349 |
|---|---|
| Number and Percentage of Franchisees Offices That | 19 or 47.5% |
| Met or Are Greater Than Average | |
| Average Gross Margin | 49.34% (22 or 55% met or were greater than the average) |
| Median Gross Margin | 50.12% |
| Franchisee Offices with First Full 12 Months of Operations in 2024: 2024 Gross Billings | |
| Number of Franchises | 2 |
| Range of Gross Billings | $1,194,273 to $475,724 |
| Average Annual Gross Billings | $834,999 |
| Median Gross Billings | $834,999 |
| Number and Percentage of Franchisees Offices That | 1 or 50% |
| Met or Are Greater Than Average | |
| Average Gross Margin | 46.98% (1 or 50% met or were greater than the average) |
| Median Gross Margin | 46.98% |
| Franchisee Offices with Second Full 12 Months of Operations in 2024: 2024 Gross Billings | |
| Number of Franchises | 2 |
| Range of Gross Billings | $1,336,735 to $265,679 |
| Average Annual Gross Billings | $801,207 |
| Median Gross Billings | $801,207 |
| Number and Percentage of Franchisees Offices That | 1 or 50% |
| Met or Are Greater Than Average | |
| Average Gross Margin | 57.73% (1 or 50% met or were greater than the average) |
| Median Gross Margin | 57.73% |
Source: Item 19 — Financial Performance Representations (FDD pages 45–48)
What This Means (2025 FDD)
According to Caring Senior Service's 2025 Franchise Disclosure Document, the median gross billing for all franchisee offices in 2024 was $921,349. This figure is based on the performance of 40 Caring Senior Service franchisee offices that were open and operating during the full 2024 calendar year. The range of gross billings for these offices varied significantly, from $2,661,635 to $88,963. The average annual gross billing for all franchisee offices was $953,065.
For franchisee offices with the minimum required staff in 2024, the median gross billing was higher, at $1,177,988. This data is based on 24 franchises. The range of gross billings for these offices was $2,661,635 to $475,724, and the average annual gross billing was $1,262,903. The minimum required staff includes a full-time Agency Director, a full-time Care Manager, and a full-time Business's Homecare Consultant.
For new Caring Senior Service franchises, the median gross billings during their first full 12 months of operation in 2024 was $834,999, based on two franchises with a range of $1,194,273 to $475,724. The median gross billings during their second full 12 months of operation in 2024 was $801,207, based on two franchises with a range of $1,336,735 to $265,679. It is important to note that these figures represent gross billings and do not reflect costs of sales, operating expenses, or other costs that must be deducted to determine net income or profit. Prospective franchisees should conduct their own independent investigation of potential costs and expenses.