What was 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 office locations that were open and operating during the full 2024 calendar year. The gross billings ranged from $2,661,635 to $88,963, with the average annual gross billings being $953,065.
Additionally, the FDD provides a breakdown of gross billings for franchisee offices with minimum required staff. For the 24 franchises meeting this staffing level, the median gross billing was $1,177,988. The range for these franchises was $2,661,635 to $475,724, and the average annual gross billings was $1,262,903. It is important to note that 11 of these 24 offices (45.8%) met or exceeded the average gross billings.
The FDD also includes data for franchisee offices in their first and second full 12 months of operation during 2024. For the two franchises in their first full year, the median gross billing was $834,999, with a range of $1,194,273 to $475,724. For the two franchises in their second full year, the median gross billing was $801,207, with a range of $1,336,735 to $265,679. These figures can provide prospective franchisees with insights into the potential financial performance of new Caring Senior Service locations.
It's crucial for potential franchisees to understand that these figures represent past performance and are not a guarantee of future results. The FDD explicitly states that individual results may vary and there is no assurance of achieving similar sales. Prospective franchisees should conduct their own independent investigation of costs and expenses, and consider factors such as territory size and local market conditions, to assess the potential profitability of a Caring Senior Service franchise.