What is the median gross margin 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 margin for all franchisee offices is 50.12%. This figure is based on data from 40 Caring Senior Service franchisee office locations that were open and operating during the full 2024 calendar year. The gross margin is calculated by subtracting Caregiver Pay expenses from Gross Billings and then dividing by Gross Billings, excluding billed amounts for products sold to clients. Caregiver Pay expenses do not include the employer's portion of payroll taxes and workers' compensation.
For franchisee offices with the minimum required staff, the median gross margin is 50.41%. This is based on 24 franchises that met the minimum staffing requirements. The minimum required staff includes a full-time Agency Director, a full-time Care Manager, and a full-time Business's Homecare Consultant. Franchisees not staffed according to these requirements were excluded from this calculation.
For franchisees in their first full 12 months of operations in 2024, the median gross margin was 46.98%. For those in their second full 12 months, the median gross margin was 57.73%. These figures are based on a smaller sample size of only two franchises each. It is important to note that these financial performance representations are based on past performance, and individual results may vary. The FDD advises prospective franchisees to conduct an independent investigation of the costs and expenses they may incur while operating a Caring Senior Service franchise.