ELLIE MENTAL HEALTH

ELLIE MENTAL HEALTH

Ellie Mental Health franchises operate outpatient counseling and therapy clinics under the “Ellie Mental Health®” service mark, providing counseling, medication management (with franchisor pre-approval), and therapeutic products and services by licensed clinical counselors, therapists, and prescribers. The business model offers two paths: Direct Ownership Model for licensed providers or Managed Operation Model where franchisees provide management services to a practice entity owned by licensed providers, using a proprietary system including EHR, billing, and branding standards. The target market includes individuals, couples, families, and groups of all ages seeking mental health care services.

255
Locations
$392K–$680K
Investment
Since 2021
Franchising
ServicesMendota Heights, MNEMH PEP Holdco, LLC (affiliate of Princeton Equity Group, LLC)www.elliementalhealth.comDisclaimer

Franchise Costs


Franchise Fee
$60,000
Item 5 of FDD
Initial Investment Range
$392,275 $679,575
Low: $392,275High: $679,575
Item 7 of FDD
Royalty Rate
7.50%
of gross sales
Brand Fund
N/A
Item 6 of FDD
Fixed Monthly Fees
$1,167 – $2,417
Item 6 of FDD

7.5% Qualified Clinician/Prescriber System Fees (capped at $1k/$3k per) + 7.5% Shared Services Fee + $100/mo Marketing Fee per provider (to brand fund) + Technology Fees ($150/mo per clinician + $400/mo per prescriber + $22/mo per email) + $500/qtr LMS fee

Financial Performance


Item 19 Financial Performance

Average Gross Revenue
$0

Data Based On: 167 franchised clinics open and operating for the entire 12-month period ended December 31, 2024. Revenue data presented for 151 of these clinics (30 from 2022 cohort, 121 from 2023 cohort).

* Weighted average revenue calculated for 151 franchised clinics (30 clinics from 2022 cohort with average $850,060 and 121 clinics from 2023 cohort with average $620,129). Formula: ((30 * $850,060) + (121 * $620,129)) / 151 = $665,810.66. The introductory text on Page 1 states the information is taken from 167 franchised clinics, but the revenue data is only provided for two subsets totaling 151 clinics. The document explicitly states that Collected Revenue does not reflect costs or expenses, thus profit metrics cannot be determined.

Extracted Item 19 Section

How ELLIE MENTAL HEALTH Compares


Key Insights

  • Higher investment than 83% of Healthcare Services franchises
  • #2 largest franchise system in Healthcare Services
  • Lower than average SBA loan default rate in Healthcare Services
FranchiseInvestmentFeeRoyaltyLocations
ELLIE MENTAL HEALTH
Current
$392K – $680K$60K7.5%255
Gameday Men's Health$225K – $410K$50K6.0%257
Interim Healthcare$156K – $239K$75K5.5%226
ASSISTING HANDS (UNIT)$97K – $180K$55K5.0%202
Vital Care$556K – $1.0M$60K19.3%108
Success On The Spectrum$321K – $848K$45K5.0%51
Healthcare Services Average
24 franchises
$215K – $473K$58K6.8%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 24 Healthcare Services franchises by location count.

Locations & Growth


Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2025)

Outlets by state across the United States

Top States
1TX
33
2FL
20
3CO
14
4NJ
14
5PA
13
6MI
12
7MA
11
8VA
11
9MO
9
10IL
9
11OH
9
12TN
8
13MD
8
14GA
7
15CT
6

+35 more states

SBA Loan History


Historical SBA 7(a) loan data for ELLIE MENTAL HEALTH franchisees (20222025)

Total Loans
121
Average Loan
$181,003
Total Volume
$21.9M
Default Rate
0.8%

Loans by Year

SBA 7(a) loan activity over time

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

Franchisee Contacts


177 franchisee contacts on file from official FDD filings.

NameSBA Loan
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active

177 Contacts Available

Unlock all ELLIE MENTAL HEALTH franchisee contacts with verified contact information

Due Diligence


Litigation (Item 3)

Franchisee Cases7

Primarily franchisee and former franchisee claims alleging misrepresentations, failure to provide services (EHR systems, billing, credentialing), violations of franchise acts, fraud, and breach of contract; plus franchisor-initiated noncompete enforcement actions with similar counterclaims.

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
3
Non-Renewals
0
Reacquired
0
Ceased Ops
0
Transfers
6
Sold to Franchisees
0
Projected New
85

Frequently Asked Questions


The total initial investment to open a ELLIE MENTAL HEALTH franchise ranges from $392,275 to $679,575. This includes a franchise fee of $60,000. Ongoing royalty fees are 7.5% of gross sales.

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