OFFICIAL FILING · MN · 2020
ActiKare In Home Care Services FDD (Franchise Disclosure Document) — 2020
The FDD is the 23-item legal disclosure every U.S. franchisor must hand you at least 14 days before you sign or pay anything (FTC Franchise Rule, 16 CFR 436). ActiKare In Home Care Services's most recent FDD tracked here was filed in 2020 with the Minnesota Department of Commerce (public CARDS portal) — and because registration-state filings are public records, you can read it free, without giving a broker your phone number.
THE SAME DOCUMENT SITES SELL OR GATE BEHIND LEAD FORMS. FILED 2020 · SOURCE STATE MN
| ITEM 5 | Initial franchise fee | $20K |
| ITEM 6 | Ongoing royalty | 5.0% of gross sales |
| ITEM 7 | Total initial investment | $30K–$50K |
| ITEM 3 | Disclosed litigation matters | 0 |
| ITEM 19 | Earnings disclosure (FPR) | Yes — median unit volume $298K ("As of fiscal year end 2019, of our 130 Franchised Businesses, in Table 1 we are presenting Gross Sales on Franchised Business that has been operating for at least 12 months (beginning January 1, 2019 through December 31, 2019), under the same owner. In this Item, we are reporting on those businesses open one year or more and which provided verifiable Gross Sales numbers for the reporting period. Of our 130 Franchised Businesses, 75 have been operating for at least 12 months under the same owner. The Franchised Businesses which meet these criteria are 40 out of 130 Franchise Businesses which represents 30.77% of all ActiKare Franchised Businesses. ... we are also only reporting on businesses that operate on a full-time basis which we define as 40 hours per week during typical business hours. Of our 130 Franchised Businesses, 80 operate on a full-time basis and 24 on a part-time basis and 26 units are in the process of getting licensed per their state requirements. The Franchised Businesses gross sales used in our calculations are single unit franchises, spend a minimum of $12,000 per calendar year on advertising and have purchased a protected territory of between 150,000 and 300,000 populations. The Franchised Businesses gross sales used in our calculations are franchises that are offering personal care services and are licensed within their state to offer such services, if applicable.") |
| ITEM 20 | Outlets (fiscal 2019) | 130 franchised at year end · 4 exits (3.1% annualized) |
| ITEM 21 | Franchisor financial statements | clean (unqualified) audit opinion — Perez & Company, Certified Public Accountants, P.A. |
Citation discipline: every figure above is extracted from the 2020 ActiKare In Home Care Services FDD as filed and links back to that document. Fields the filing did not state are omitted — nothing here is estimated, surveyed, or filled in from marketing material. FDDs are reissued annually; verify against the current issuance before relying on any number.
ActiKare In Home Care Services FDD questions, answered
Where can I download the ActiKare In Home Care Services FDD for free?
ActiKare In Home Care Services's 2020 Franchise Disclosure Document is a public record, filed with the Minnesota Department of Commerce (public CARDS portal). It can be downloaded free from the source link on this page — no broker form, no email signup required.
What year is ActiKare In Home Care Services's most recent FDD on file?
The most recent ActiKare In Home Care Services FDD tracked here was filed in 2020 with the Minnesota Department of Commerce (public CARDS portal). Franchisors must update their FDD annually, so confirm you are reading the current issuance before signing.
Does ActiKare In Home Care Services's FDD disclose earnings (Item 19)?
Yes — ActiKare In Home Care Services makes a financial performance representation in Item 19 of its 2020 FDD, reporting a median unit volume of $298K. Read the basis fine print: franchisors choose which units and metrics to include.
What does ActiKare In Home Care Services's FDD Item 20 show?
In fiscal 2019, ActiKare In Home Care Services ended with 130 franchised outlets; 4 of 131 open at the start of the year left the system — an annualized exit rate of 3.1% (terminations, non-renewals, and "ceased operations — other reasons").
A broker is paid by the franchisor to place you. An independent CPA is paid by you — and the job is pressure-testing ActiKare In Home Care Services's numbers, including talking you out of a bad deal.
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