Branded Attire
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As incurred

Caring Senior Service

Table of Content
1. Franchise Snapshot
2. Franchise Overview
3. Performance and Metrics
4. Our take
5. Additional Resources

1. Franchise Snapshot

Why this franchise?
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Franchise Status
Active
Basic Information
Industry
Healthcare
Category
Home & Senior Care
Investment Range
$97,892 - $131,656
Total US Locations
56
Franchise Units
51
Founding Year
2001
Started Offering Franchises
2002
Management Capacity
Active Owner Operator
Job Count
3-6
Prior E2 Investors?
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Prior Visa Franchise Clients?
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Royalty Fee
5%
Marketing Fee
2%
Franchise Fee
$49,000
Headquarters (City, State)
San Antonio, TX
Square Footage
N/A
Retail Location?
No
Agreement Term Length
5 years
Video

In these videos you will learn about the company firsthand. And they will also tell you in a short form about the financing of the enterprise.

2. Franchise Overview

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Overview

Caring Senior Service, a non-medical home care provider, equips entrepreneurs with the tools and knowledge necessary to assist seniors and the disabled population within their communities. Prospective individuals can explore available businesses for sale in their respective areas. With over three decades of experience, Caring Senior Service stands as a leader in the home care industry. Their home care franchise opportunities boast unique qualities that set them apart from competitors. Upon joining Caring Senior Service, franchise owners become part of a closely-knit community, characterized by mutual respect and support. The company fosters a positive culture aimed at individual growth and success, where owners benefit from shared expertise and collective experience. Interested individuals can gain firsthand insight into the Caring Family through informative videos provided below.

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Management team / founders

While pursuing a computer science degree, Jeff Salter, founder of Caring Senior Service, saw the struggles families faced in coordinating care for loved ones. Using his technical skills and knowledge of home care, he created a more efficient system to improve care. In 1991, he founded Caring Senior Service, a non-medical home care company aimed at helping seniors maintain independence. As demand grew, Jeff expanded the company to multiple locations, positively impacting aging individuals and their families. Moreover, Jeff foresaw the increasing need for high-quality home care services across the United States. In response, in 2002, he initiated the franchising of Caring's successful business model. This strategic move not only allowed compassionate entrepreneurs to join the mission of providing top-notch home care services but also facilitated the expansion of care options for families in communities nationwide.

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Focus of owner for daily business operations

As a Caring Senior operator, the main facets of the business entail: 1. Establishing and building upon relationships with referral networks within the community; 2. Recruiting and hiring of competent homecare workers; 3. Supervising and ensuring homecare workers are trained.

3. Performance & Metrics

Franchisor Fees | Item 6
Franchise Value
Industry Median
All Franchises Median
Royalty Fee
5%
6%
6%
Marketing Fee
Franchise Fee
$49,000
Total Investment Cost | Item 7
Type of Expenditure
Low Amount
High Amount
When due
Franchise Fee
$2,174
$9,397
When Franchise Agreement is Signed
Leasehold Improvements
$2,174
$9,397
As agreed
Equipment, Furniture, Fixtures, Computer Systems and Office Supplies
$2,174
$9,397
As agreed
Equipment, Furniture, Fixtures, Computer Systems and Office Supplies
$2,174
$9,397
As agreed
Rent
$2,174
$9,397
As agreed
Miscellaneous Opening Costs
$2,174
$9,397
As agreed
Initial Marketing/ Grand Opening Event
$2,174
$9,397
As agreed
Business Permits and Licenses
$2,174
$9,397
As agreed
Initial Inventory
$2,174
$2,174
As incurred
Vehicle – 2 months
$2,174
$9,397
As agreed
Travel and Living Expenses While Training
$2,174
$9,397
As incurred
Additional Funds – 3 Months
$2,174
$9,397
As incurred
Total
$2,174
$9,397
NA
NA
$2,174
$9,397
NA
NA
$2,174
$9,397
NA
NA
$2,174
$9,397
NA
NA
$2,174
$9,397
NA
NA
$2,174
$9,397
NA
Outlets and Franchisee Information | Item 20
Outlet type
Year
Outlets at the start of the year
Outlets at the end of the year
Net change
2021
+4
44
48
Franchised
2022
48
48
+1
2024
48
51
+1
2021
5
5
+1
Company-Owned
2022
5
5
0
2023
5
5
0
2021
49
53
+4
2022
53
55
+2
2023
55
56
+1
Total Outlets
-
-
-
-
-
-
-
-
Net Unit Growth (Recent year)
Net Unit Growth (Recent year)
Franchise Health Metrics
Franchise Value
Growth Rate
1 year / 3 years
Failure Rate
1 year / 3 years
Franchise for Sale Rate
1 year / 3 years
0
0
0
0
0
0
0
0
Franchise Health Metrics
Franchise Historical Loan Metrics
10 Year Cumulative Charge Offs by $ of Loans
0%
10 Year Cumulative Defaults
0%
3 Year Predicted Default Rate
4.69%
*Please note the information provided here is sourced from Lumos. We do not guarantee its accuracy or completeness. For verification, please refer to Lumos directly.
Item 19 – Financial Performance Representations
Historical financial performance representations
Franchise Financials
Historical financial performance representations
Litigation & Bankruptcies
% of Franchisees Undergoing Litigation
0
% of Franchisees with Completed Litigation
0
Number of Bankruptcies Disclosed
0
*The litigation information displayed has been reviewed by our Product Development team. Franchises featured on this platform have been thoroughly assessed. However, Visa Franchise strongly recommends consulting with your own legal counsel for further guidance.

4. Our Take

*The litigation information displayed has been reviewed by our Product Development team. Franchises featured on this platform have been thoroughly assessed. However, Visa Franchise strongly recommends consulting with your own legal counsel for further guidance.