CarePatrol FDD – Franchise Information, Costs and Fees
Type of Business
CarePatrol Franchise Systems, LLC offers franchises for the operation of a business that provide senior living placement, referral and consulting services for families in need of independent living community, assisted living community, memory care, nursing home, or similar facility for the seniors in their lives.
Corporate Information
CarePatrol Franchise Systems, LLC is a Delaware limited liability company that was organized on January 31, 2018. Their principal business address is located at 900 Wilshire Dr., Suite 102, Troy, MI 48084-1600. Their predecessor, CarePatrol Franchise Systems, LLC, was an Arizona limited liability company that was organized on January 20, 2009 and began offering CarePatrol franchises in 2009. They began offering area representative franchises in 2012.
Investment
The total investment necessary to begin operation of a single CarePatrol franchise ranges from $51,120 to $110,970. This includes a payment of $30,595 to the franchisor or an affiliate for their Reduced Initial Fee Offering or a payment of $ 67,595 to the franchisor or an affiliate for their Standard Offering.
At their discretion, they may offer to qualified candidates the right to purchase more than one, single unit franchise. Qualified candidates that are allowed to purchase additional franchises will be required to sign a separate franchise agreement for each franchise they purchase. The total investment necessary to begin operation of a new multiple unit CarePatrol franchise ranges from $80,520 to $224,820. This includes a payment of $50,595 for two units and $70,595 for three units for their Reduced Initial Fee Offering or a payment of $115,095 for two units and a payment of $157,595 for three units of their Standard Offering both of which must be paid to the franchisor or their affiliates.
