What is the Caring Senior Service renewal fee?
Caring_Senior_Service Franchise · 2025 FDDAnswer from 2025 FDD Document
| Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| Renewal Fee | $5,000 | At time of renewal | Unlimited 5-year renewal terms. |
Source: Item 6 — OTHER FEES (FDD pages 12–17)
What This Means (2025 FDD)
According to Caring Senior Service's 2025 Franchise Disclosure Document, the renewal fee is $5,000. This fee is due at the time of renewal, and the franchise agreement allows for unlimited 5-year renewal terms.
For a prospective franchisee, this means that every five years, if they choose to renew their agreement with Caring Senior Service, they will need to pay $5,000. This cost should be factored into the franchisee's long-term financial planning. Unlike some franchise systems that may have escalating renewal fees or fees based on a percentage of revenue, Caring Senior Service has a fixed renewal fee.
The FDD does not specify if this fee is subject to change upon each renewal. It is important to note that all fees are non-refundable, as stated in Note 7 of Item 6. A prospective franchisee should clarify with Caring Senior Service whether the renewal fee is subject to change in future renewals.