CAREPATROL

Item 7 outlines initial investment from $64,920 to $135,770, including a $57,000 franchise fee, fitting mid-range for senior care but pressured by ongoing fees: 10-12% royalty, 1% ad fund, plus $449/month technology, $799/month contact center, $18/month Google Workspace, and $85-100/month accounting software—stacking up higher than category norms around 6-8% royalties. Item 19 discloses average gross revenue of $346,301 against a median of $191,874, signaling strong leaders boost averages while half fall below $200K; EBITDA margin sits at 0%, but estimated profit pins at $114,352 flat, suggesting breakeven or slim margins after fees for many. SBA stats shine with 38 loans averaging $191,208 and just 2.6% default rate, well below franchise averages of 10-20%, indicating solid franchisee viability.

System health shows momentum: 170 locations in 2023 to 197 in 2024 (+16%), targeting 30 new units, with 201 total active. Yet 7 terminations, 5 non-renewals, and 9 transfers flag moderate churn, not alarming for growth phase but worth probing. Litigation centers on former franchisees breaching non-competes and confidentiality, a common flag raising enforcement risks. Backed by parent Best Life Brands since franchising in 2009 from Troy, MI, CarePatrol offers scalable home-based ops in a recession-resistant field, but high fees and revenue variance mean it's best for sales pros who can outperform the median.