What is the standard initial Franchise Fee for a Caring Senior Service franchise?
Caring_Senior_Service Franchise · 2025 FDDAnswer from 2025 FDD Document
[Item 5: INITIAL FEES]
ITEM 5 INITIAL FEES
Franchise Fee
The initial "Franchise Fee" of $49,000 is payable when you sign the Franchise Agreement.
The Franchise Fee includes your pre-opening requirement of certain computer software, including Tendio™ and MS Office 365 software, and your initial supply of certain forms and materials, including business cards, letterhead, envelopes, and brochures.
In the event you are converting an existing in-home care business to a Caring Senior Service franchised business, we offer you a 50% discount on the Franchise Fee for the Territories being converted, as outlined in the Conversion Addendum attached as Exhibit K to the Franchise Agreement.
A 50% discount will be applied to the initial franchise fee if you are an existing Caring Senior Service System franchisee and your office has achieved our GreatCare Master certification, or if you operate multiple offices, one of your offices must have achieved our GreatCare Master certification and your remaining office(s) must have achieved any of our GreatCare office certification levels at the time of your additional purchase of a franchise.
If you are entering into a subsequent Franchise Agreement for an additional franchise Territory, we offer you a 10% discount off of the Franchise Fee for your second Territory, a 15% discount off of the Franchise Fee for your third Territory, a 20% discount off of the Franchise Fee for your fourth Territory, and a 25% discount off of the Franchise Fee for your fifth Territory.
If you qualify for our VetFran military veteran's discount, we will offer you a 20% discount off of the initial Franchise Fee for your first franchise Territory. This discount is available to veterans who have received a discharge (other than dishonorable) as well as any active duty personnel. If the franchisee is an entity, the veteran participant must maintain at least a 51% ownership interest in the entity to qualify for this discount. To apply for the discount, you must provide us with a copy of form DD-214, reflecting your military status, before the Franchise Agreement is signed. In the event you qualify for our VetFran military veteran's discount and you are a conversion franchise, you may only benefit from one of these discounts.
Source: Item 5 — INITIAL FEES (FDD pages 10–11)
What This Means (2025 FDD)
According to Caring Senior Service's 2025 Franchise Disclosure Document, the standard initial franchise fee is $49,000. This fee is payable when the Franchise Agreement is signed. The franchise fee is uniform for all franchisees and is nonrefundable once paid.
The initial franchise fee covers the franchisee's pre-opening requirements for certain computer software, specifically Tendio™ and MS Office 365. It also includes the initial supply of certain forms and materials, such as business cards, letterhead, envelopes, and brochures.
Caring Senior Service offers various discounts on the initial franchise fee under certain conditions. These include a 20% discount for women-owned and minority-owned businesses, a 50% discount for franchisees converting an existing in-home care business, discounts for existing franchisees purchasing additional territories (ranging from 10% to 25% depending on the number of territories already owned), and a 20% discount for qualifying military veterans. It is important to note that only one of these discounts may apply if a franchisee qualifies for multiple discounts.