What is the standard Initial Franchise Fee for a Caring Senior Service franchise, before any amendments?
Caring_Senior_Service Franchise · 2025 FDDAnswer from 2025 FDD Document
anchise Fee
In consideration of the grant of this franchise, you shall pay to us a non-recurring initial franchise fee for the franchise hereunder in an amount equal to Forty-Nine Thousand Dollars ($49,000), unless this amount is otherwise amended in Exhibit A of this Agreement. The initial franchise fee shall be deemed to have been fully earned by us upon execution of this Agreement and is not
Source: Item 23 — RECEIPTS (FDD pages 53–204)
What This Means (2025 FDD)
According to the 2025 Caring Senior Service Franchise Disclosure Document, the standard initial franchise fee is $49,000. This fee is a one-time, non-recurring payment required for the grant of the franchise. However, the FDD notes that this amount may be amended in Exhibit A of the Franchise Agreement.
This initial franchise fee is considered fully earned by Caring Senior Service upon the execution of the Franchise Agreement, meaning it is non-refundable to the franchisee. This is a common practice in franchising, as the fee compensates the franchisor for the initial costs of granting the franchise, including training, support, and access to the Caring Senior Service brand and system.
It is important for prospective franchisees to carefully review Exhibit A of the Franchise Agreement to confirm whether the initial franchise fee has been amended in their specific case. Any changes or deviations from the standard fee should be clearly documented in the exhibit. Franchisees should also understand that the initial franchise fee is separate from other fees, such as the ongoing royalty fee, which is a percentage of gross billings.