In this exclusive Franchise Chatter FDD Talk post, you’ll learn the following:

Section I – Estimated initial investment (franchise costs) for an Always Best Care Senior Services franchise, based on Item 7 of the company’s 2024 FDD

Section II – Initial franchise fee, royalty fee, and marketing fee for an Always Best Care Senior Services franchise, based on Items 5 and 6 of the company’s 2024 FDD

Section III – Number of franchised and company-owned Always Best Care Senior Services outlets at the start of the year and the end of the year for 2021, 2022, and 2023, based on Item 20 of the company’s 2024 FDD

Section IV – News updates on the Always Best Care Senior Services franchise opportunity

Section V – Presentation and analysis of Always Best Care Senior Services’ financial performance representations (average revenues and/or profits), based on Item 19 of the company’s 2024 FDD, including information on the:

• 2023, 2022, and 2021 annual system-wide revenue for all Always Best Care Senior Services franchised businesses that operated at any point during the calendar year listed, regardless of whether any were newly opened in that year or closed for business or otherwise left the brand in that year

• 2023 average and median monthly number of clients for Always Best Care Senior Services franchised businesses that were continuously open and operating for the entire 2023 calendar year

• 2023 average and median annual revenue growth realized by Always Best Care Senior Services franchised businesses that were continuously open and operating for the entire 2022 and 2023 calendar years

• 2023 average, median, high, and low annual revenues realized by Always Best Care Senior Services franchised businesses during calendar year 2023, for multi-unit Franchised Businesses operating 2 or more Assigned Areas that were continuously open and operating for the entire 2022 and 2023 calendar years

Section VI – Key ratios, comparables, computations, and analyses for the Always Best Care Senior Services franchise opportunity (exclusive content for Platinum subscribers)

Section I – Always Best Care Senior Services Franchise Costs

• Initial Franchise Fee:  $49,900
• Travel and Other Expenses While Training:  $3,000 to $6,000
• Rent – 3 Months:  $3,000 to $6,000
• Leasehold Improvements:  $0 to $3,000
• Furniture and Fixtures:  $1,500 to $3,000
• Signage:  $500 to $2,000
• Office Equipment:  $5,000 to $8,000
• Insurance – Full Year Premium:  $3,000 to $6,500
• Miscellaneous Opening Costs:  $200 to $1,000
• Grand Opening Inventory:  $500 to $1,000
• Advertising:  $1,500
• Computer Equipment, Software, and Printer:  $2,000 to $5,000
• Permits/Licenses/Policies and Procedures Manual:  $125 to $18,000
• Professional Fees:  $2,500 to $5,000
• Additional Funds – 3 Months:  $17,000 to $30,000
• Total Estimated Always Best Care Senior Services Franchise Costs:  $89,725 to $145,900

Section II – Always Best Care Senior Services’ Initial Franchise Fee, Royalty Fee, and Marketing Fee

• Initial Franchise Fee:  $49,900

• Royalty:  6% of Gross Sales per month or a minimum royalty of at least $500, whichever is higher (with an initial minimum Gross Sales of $8,333.33 per month), for the first 12 months of operation – begins accruing in the first full or partial month of operation. Each year thereafter, the minimum Gross Sales and the minimum royalty will increase.

• Skilled Care Royalty:  6% of Gross Sales for Skilled Nursing Services from any payer source excluding Medicare; 4% of Gross Sales for Skilled Nursing Services reimbursed by Medicare

• Franchisee Advertising Fund Contribution:  the greater of: (i) 2% of your Gross Sales (not including Gross Sales on Skilled Nursing Services) or (ii) $300 per month ($100 per month for the 2nd and each additional Franchise Agreement if you are a multiple franchise owner)

• Local Advertising Expenditure:  $800

Section III – Number of Franchised and Company-Owned Always Best Care Senior Services Outlets

Franchised

2021

• Outlets at the Start of the Year:  207
• Outlets at the End of the Year:  224
• Net Change:  +17

2022

• Outlets at the Start of the Year:  224
• Outlets at the End of the Year:  231
• Net Change:  +7

2023

• Outlets at the Start of the Year:  231
• Outlets at the End of the Year:  249
• Net Change:  +18

Company-Owned

2021

• Outlets at the Start of the Year:  0
• Outlets at the End of the Year:  0
• Net Change:  0

2022

• Outlets at the Start of the Year:  0
• Outlets at the End of the Year:  0
• Net Change:  0

2023

• Outlets at the Start of the Year:  0
• Outlets at the End of the Year:  0
• Net Change:  0

Section IV – News Updates on the Always Best Care Senior Services Franchise

Section V – Financial Performance Representations (Average Revenues and/or Profits) for the Always Best Care Senior Services Franchise (Item 19, 2024 FDD)

• This Item 19 sets forth certain historical data regarding Always Best Care Franchised Business locations.

Part 1 – System-wide Growth

• In the table below, the franchisor has included annual revenue information for all Franchised Businesses that operated at any point during the calendar year listed, regardless of whether any were newly opened in that year or closed for business or otherwise left the brand in that year.

• The figures included in the table below do not include any information for company-owned businesses.

• 2021 Annual Revenue:  $188,539,553.18
• 2022 Annual Revenue:  $212,591,505.75
• Percent Increase 2022 Over 2021:  12.76%
• 2023 Annual Revenue:  $238,360,484.90
• Percent Increase 2023 Over 2022:  12.12%

Part 2 – Monthly Average Number of Clients

• The tables below list the monthly average number of Clients for certain Franchised Businesses over the course of the 2023 calendar year, broken down into 3 categories based upon their Annual Revenue during the calendar year ending December 31, 2023.

• In the tables below, the franchisor has included information relating to Franchised Businesses that were continuously open and operating for the entire 2023 calendar year.

• There were 33 Single-Unit Franchised Businesses and 65 Multi-Unit Franchised Businesses or a total of 98 Always Best Care Senior Services that had 12 months of revenue or more and were continuously open for business and operation during the entirety of the 2023 calendar year and included in the tables below. All of these Franchised Businesses reported information to the franchisor for this financial performance representation.

• The “Monthly Average Number of Clients” was calculated by adding the number of unique Clients of the Franchised Business for each month during the year, calculating the total number of Clients for all months in 2023, and then dividing that number by 12 months.

A. Single-Unit Franchisees

2023 Annual Revenue:  $0 to $488,865.41

• Monthly Average Number of Clients:  12
• Monthly Median Number of Clients:  12
• Number of Franchisees in Annual Revenue Category:  10
• Number (and Percentage) of Franchisees That Met or Exceeded Average Number of Clients (in Category):  5 (50%)

2023 Annual Revenue:  $684,317.14 to $984,221.77

• Monthly Average Number of Clients:  26
• Monthly Median Number of Clients:  22
• Number of Franchisees in Annual Revenue Category:  6
• Number (and Percentage) of Franchisees That Met or Exceeded Average Number of Clients (in Category):  3 (50%)

2023 Annual Revenue:  $1,036,316,61 to $5,617,290.46

• Monthly Average Number of Clients:  55
• Monthly Median Number of Clients:  55
• Number of Franchisees in Annual Revenue Category:  17
• Number (and Percentage) of Franchisees That Met or Exceeded Average Number of Clients (in Category):  8 (47%)

B. Multi-Unit Franchisees

2023 Annual Revenue:  $0 to $484,727.25

• Monthly Average Number of Clients:  16
• Monthly Median Number of Clients:  18
• Number of Franchisees in Annual Revenue Category:  4
• Number (and Percentage) of Franchisees That Met or Exceeded Average Number of Clients (in Category):  3 (75%)

2023 Annual Revenue:  $613,237.82 to $928,019.73

• Monthly Average Number of Clients:  50
• Monthly Median Number of Clients:  47
• Number of Franchisees in Annual Revenue Category:  5
• Number (and Percentage) of Franchisees That Met or Exceeded Average Number of Clients (in Category):  2 (40%)

2023 Annual Revenue:  $1,021,632.58 to $9,580,761.15

• Monthly Average Number of Clients:  90
• Monthly Median Number of Clients:  93
• Number of Franchisees in Annual Revenue Category:  55
• Number (and Percentage) of Franchisees That Met or Exceeded Average Number of Clients (in Category):  18 (33%)

2023 Annual Revenue:  $19,242,406.59

• Monthly Average Number of Clients:  447
• Monthly Median Number of Clients:  N/A
• Number of Franchisees in Annual Revenue Category:  1
• Number (and Percentage) of Franchisees That Met or Exceeded Average Number of Clients (in Category):  1 (100%)

C. Combined Single and Multi-Unit Franchisees

2023 Annual Revenue:  $0 to $488,865.41

• Monthly Average Number of Clients:  13
• Monthly Median Number of Clients:  12
• Number of Franchisees in Annual Revenue Category:  14
• Number (and Percentage) of Franchisees That Met or Exceeded Average Number of Clients (in Category):  8 (57%)

2023 Annual Revenue:  $613,237.82 to $984,221.77

• Monthly Average Number of Clients:  37
• Monthly Median Number of Clients:  22
• Number of Franchisees in Annual Revenue Category:  11
• Number (and Percentage) of Franchisees That Met or Exceeded Average Number of Clients (in Category):  5 (45%)

2023 Annual Revenue:  $1,021,632.58 to $9,580,761.15

• Monthly Average Number of Clients:  82
• Monthly Median Number of Clients:  81
• Number of Franchisees in Annual Revenue Category:  72
• Number (and Percentage) of Franchisees That Met or Exceeded Average Number of Clients (in Category):  25 (35%)

2023 Annual Revenue:  $19,242,406.59

• Monthly Average Number of Clients:  447
• Monthly Median Number of Clients:  N/A
• Number of Franchisees in Annual Revenue Category:  1
• Number (and Percentage) of Franchisees That Met or Exceeded Average Number of Clients (in Category):  1 (100%)

Part 3 – Annual Revenue Growth

• The table below contains certain information related to Annual Revenues realized by Franchised Businesses during calendar year 2023, and compares it with Annual Revenues realized during 2022.

• The data is broken down into 3 categories based upon the Franchised Businesses’ 2023 level of Annual Revenue.

• The franchisor has only included information relating to Franchised Businesses that were continuously open and operating for the entire 2022 and 2023 calendar years in this table. Any Franchised Businesses that were either newly opened in 2022 or 2023 or closed for business or otherwise left the brand in 2022 or 2023 were excluded.

• There were 5 new Franchised Business openings in 2022 and 4 new Franchised Business openings in 2023. 0 Franchised Businesses were terminated in 2022 and 3 were terminated and 1 was not renewed in 2023. None of these Franchised Businesses were included in the table below.

• The information in the “Annual Revenue” column in the Annual Revenue Growth chart is based upon results of all Unit Franchisees which were continuously open and operating for at least one full calendar year as of December 31, 2023.

• “Annual Revenue” means the total of all revenues from the operation of each franchisee’s business whether received in cash, in services, in kind, from barter and/or exchange, on credit (whether or not payment is received therefore) or otherwise during the calendar year referenced.

• Annual Revenue does not include the amount of all sales tax receipts or similar tax receipts which, by law, are chargeable to Clients, if these taxes are separately stated when the Client is charged and if these taxes are paid to the appropriate taxing authority. In addition, Annual Revenue does not include the amount of any documented refunds, charge backs, credits and allowances given to Clients by a franchisee.

• The information in this table is broken out by Franchised Business. A Franchised Business may contain between 1 to 12 Assigned Areas. There are 64 Franchised Businesses in the below table that have 2 or more Assigned Areas.

2023 Annual Revenue:  Over $2,000,000

• % of Franchisees:  45.4%
• Average Percent Increase Over 2022:  16%
• Median Percent Increase Over 2022:  13%
• Number of Franchisees in Annual Revenue Category:  44
• Number (and Percentage) of Franchisees That Met or Exceeded Average Percent Increase (in Category):  20 (45%)

2023 Annual Revenue:  Over $1,000,000 But Under $2,000,000

• % of Franchisees:  29.9%
• Average Percent Increase Over 2022:  13%
• Median Percent Increase Over 2022:  13%
• Number of Franchisees in Annual Revenue Category:  29
• Number (and Percentage) of Franchisees That Met or Exceeded Average Percent Increase (in Category):  12 (41%)

2023 Annual Revenue:  Under $1,000,000

• % of Franchisees:  24.7%
• Average Percent Increase Over 2022:  -6%
• Median Percent Increase Over 2022:  -1%
• Number of Franchisees in Annual Revenue Category:  24
• Number (and Percentage) of Franchisees That Met or Exceeded Average Percent Increase (in Category):  12 (50%)

Part 4 – Multi-Unit Franchisees

• The table below contains certain information related to Annual Revenues realized by Franchised Businesses during calendar year 2023, for multi-unit Franchised Businesses operating 2 or more Assigned Areas that were continuously open and operating for the entire 2022 and 2023 calendar years.

2023 Annual Revenue:  Over $10,000,000

• Number of Franchisees in the Category:  1
• Total 2023 Annual Revenue:  $19,242,407
• Average 2023 Annual Revenue:  $19,242,407
• Median 2023 Annual Revenue:  $19,242,407
• Number (and Percentage) of Franchisees That Met or Exceeded Average Annual Revenue (in Category):  1 (100%)
• High Annual Revenue Within Category:  N/A
• Low Annual Revenue Within Category:  N/A

2023 Annual Revenue:  Under $10,000,000

• Number of Franchisees in the Category:  63
• Total 2023 Annual Revenue:  $179,293,697
• Average 2023 Annual Revenue:  $2,845,932
• Median 2023 Annual Revenue:  $2,044,935
• Number (and Percentage) of Franchisees That Met or Exceeded Average Annual Revenue (in Category):  31 (49%)
• High Annual Revenue Within Category:  $9,580,761
• Low Annual Revenue Within Category:  $200,687

Section VI – Always Best Care Senior Services Franchise Ratios, Comparables, Computations, and Analyses (Exclusive Content for Platinum Subscribers) ⬇️