Is the Caring Senior Service partnership subject to the State of Texas Franchise Tax?
Caring_Senior_Service Franchise · 2025 FDDAnswer from 2025 FDD Document
Caring Senior Service Franchise Partnership, L.P. (the Partnership), is a limited partnership formed and operating under the laws of the state of Texas and having its principal place of business in San Antonio, Texas. The Partnership has two partners. One partner is the general partner - Senior Health Services, Inc. (SHSI) - that owns 2% of the partnership interest. The other partners are limited partners: Mr. Jeffrey Salter and Desert Mountain, LLC. who own 78% and 20% of the partnership interest, respectively. Mr. Jeffrey Salter owns 100% of the stock of SHSI and Mr. Ian Klaes owns 100% of the partnership interest of Desert Mountain, LLC.
Source: Item 23 — RECEIPTS (FDD pages 53–204)
What This Means (2025 FDD)
The 2025 Franchise Disclosure Document (FDD) indicates that Caring Senior Service Franchise Partnership, L.P. is a limited partnership formed and operating under the laws of the state of Texas, with its principal place of business in San Antonio, Texas. The partnership has two partners: Senior Health Services, Inc., owning 2% of the partnership interest as the general partner, and Mr. Jeffrey Salter and Desert Mountain, LLC, owning 78% and 20% respectively as limited partners.
While the FDD confirms that Caring Senior Service is a Texas limited partnership, it does not explicitly state whether the partnership is subject to the State of Texas Franchise Tax. The document does specify that the partnership is engaged in franchising a proprietary business method for providing non-medical assistance to the elderly. The governing law for the franchise agreement and related loan documents is the State of Texas.
To determine whether the Caring Senior Service partnership is subject to the Texas Franchise Tax, a prospective franchisee should seek clarification from the franchisor. They may also consult with a tax professional or refer to the Texas Comptroller's website for information on franchise tax regulations applicable to limited partnerships operating in Texas.