What was the total technology fee revenue for Caring Senior Service?
Caring_Senior_Service Franchise · 2025 FDDAnswer from 2025 FDD Document
March 31,2025**
| REVENUES | ||
|---|---|---|
| Royalty | $ 486,623 | |
| fees | ||
| Franchise | $ 110,333 | |
| sales | ||
| and | ||
| renewal | ||
| fees | ||
| Technology | $ 115,544 | |
| fee | ||
| revenue | ||
| Reimbursed | $ 491,173 | |
| charges | ||
| from | ||
| franchises, | ||
| net | ||
| TOTAL REVENUE |
Source: Item 23 — RECEIPTS (FDD pages 53–204)
What This Means (2025 FDD)
According to Caring Senior Service's 2025 Franchise Disclosure Document, the total technology fee revenue for the company was $115,544. This revenue is an important indicator of the brand's financial performance and is separate from other revenue streams like royalties, franchise sales, and reimbursed charges.
For a prospective franchisee, understanding the technology fee revenue can provide insights into how Caring Senior Service invests in and manages its technology infrastructure. This is particularly relevant given that Caring Senior Service emphasizes the importance of computer systems and software in Article 22 of the FDD. Knowing the revenue generated from technology fees helps potential franchisees gauge the resources allocated to maintaining and upgrading the technological tools they will be required to use.
The technology fee revenue also highlights the franchisor's reliance on this specific income stream. While $115,544 represents a portion of the total revenue of $1,203,673, it is still a notable amount. Franchisees should consider how changes to the technology fee structure or the services provided in exchange for the fee could impact both the franchisor's and their own financial performance. It would be prudent for prospective franchisees to inquire about the specific services and support covered by the technology fee and how these services contribute to the overall success of their Caring Senior Service business.