Tuesday, September 07, 2010
Cost Considerations
Information Industry Benefits Advantage Cost FAQ Steps

 

Expenditure Estimated Range
Initial Franchise Fee*

$39,000

Rent

$2,400- $4,800

Software License

$0 - $2,500

Office Equipment and other Ancillary Software

$0 - $4,000

Pre-Opening Expenses

$1,500 - $3,500

Grand Opening, Advertising and Promotional Expenses

$4,000 - $6,000

Security Deposits

$0 - $2,500

Vehicles

$0 - $1,500

Licenses

$100 - $2,100

Insurance

$3,500 - $5,000

Professional Fees

$0 - $1,500

Working Capital

$25,000 - $50,000

Totals

$75,500 - $123,900

NOTE: THE FIGURES SET FORTH HEREIN ARE ESTIMATES OF A COMPLETE INVESTMENT IN OPENING A CAREMINDERS® HOME CARE BUSINESS AND OPERATING IT FOR THREE MONTHS. THE LOW-END OF THE ESTIMATED RANGE ASSUMES THAT A FRANCHISEE MAY ALREADY HAVE RESOURCES IN PLACE TO COVER SOME OF THESE EXPENSES INCLUDING ADEQUATE SKILLS OF THE OWNERS.  IT IS POSSIBLE THAT THE ACTUAL COSTS TO OPEN AND OPERATE YOUR CAREMINDERS® HOME CARE BUSINESS WILL DIFFER FROM THOSE SET FORTH ABOVE, ESPECIALLY IF ADDITIONAL PERSONNEL ARE NECESSAY.  HOWEVER, WE BELIEVE THESE AMOUNTS TO BE REASONABLE ESTIMATES IN OPENING AND OPERATING A CAREMINDERS® HOME CARE BUSINESS FOR PERIOD NOTED.

 * Initial Franchisee Fee may be changed at anytime regardless of the fee quoted on this Website.

Sale Disclaimer:
This Web site and the franchise sales information on this site do not constitute an offer to sell a franchise. The offer of a franchise can only be made through the delivery of a Franchise Disclosure Document. Certain states require that we register the Franchise Disclosure Document in those states. The communications on this web site are not directed by us to the residents of any of those states. Moreover, we will not offer or sell franchises in those states until we have registered the franchise (or obtained an applicable exemption from registration) and delivered the Franchise Disclosure Document to the prospective franchisee in compliance with applicable law.

Copyright © 2005 - 2010 CareMinders® is a registered trademark of CareMinders, Inc. All Rights Reserved.

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