OFFICIAL FILING · MN · 2016
ComForcare Senior Services FDD (Franchise Disclosure Document) — 2016
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). ComForcare Senior Services's most recent FDD tracked here was filed in 2016 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 2016 · SOURCE STATE MN
| ITEM 5 | Initial franchise fee | $48K |
| ITEM 6 | Ongoing royalty | 5.0% of gross sales |
| ITEM 7 | Total initial investment | $87K–$162K |
| ITEM 3 | Disclosed litigation matters | 4 |
| ITEM 4 | Bankruptcy history disclosed | Yes |
| ITEM 19 | Earnings disclosure (FPR) | Yes — median unit volume $759K (Table A (by franchise owner, incl. multi-territory owners) Total/Average: n=135 franchise owners operating at least one full year; "gross sales realized only by our franchisees open for the period January 1, 2015 through December 31, 2015 and does not include any sales taxes"; "based upon information reported to us by ComForCare franchisees whose offices have been open for at least 12-months for the period ending December 31, 2015, and only for those offices that have reported a full 12 months of gross sales data in each of the last two years"; excludes (1) territories purchased and not yet opened and (2) territories held for resale/idled; "extracted from royalty reports reported to us. We have not audited this information." Companion Table B (by franchise territory): n=157 territories, average $919,680, median $610,993.) |
| ITEM 20 | Outlets (fiscal 2015) | 187 franchised at year end · 15 exits (8.2% annualized) |
| ITEM 21 | Franchisor financial statements | clean (unqualified) audit opinion — MRPR Group P.C. |
Citation discipline: every figure above is extracted from the 2016 ComForcare Senior 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.
ComForcare Senior Services FDD questions, answered
Where can I download the ComForcare Senior Services FDD for free?
ComForcare Senior Services's 2016 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 ComForcare Senior Services's most recent FDD on file?
The most recent ComForcare Senior Services FDD tracked here was filed in 2016 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 ComForcare Senior Services's FDD disclose earnings (Item 19)?
Yes — ComForcare Senior Services makes a financial performance representation in Item 19 of its 2016 FDD, reporting a median unit volume of $759K. Read the basis fine print: franchisors choose which units and metrics to include.
What does ComForcare Senior Services's FDD Item 20 show?
In fiscal 2015, ComForcare Senior Services ended with 187 franchised outlets; 15 of 182 open at the start of the year left the system — an annualized exit rate of 8.2% (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 ComForcare Senior Services's numbers, including talking you out of a bad deal.
Talk to an independent CPA before you buy →