Mastercare
Mastercare franchises operate businesses providing private pay, non-medical home care services (where licensed), skilled nursing, and 24-hour care in individuals' homes or residences, along with nursing (RN, LPN, CNA) and medical personnel job placement and staffing solutions for hospitals, clinics, and other medical facilities. The business model follows a proprietary system including caregiver matching, personalized care plans, and 24/7 staffing support, requiring a commercial office location and full-time owner involvement initially. They target the general public needing in-home care and medical institutions seeking reliable healthcare staffing.
Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.
Overview
Financial Requirements
5% royalty (or $1,000/mo minimum if lower, tiered to 4.5% above $350k monthly gross revenue) + 2% national marketing fund.
Franchise Stats
Financial Performance
Item 19 Financial Performance
This franchise did not provide Item 19 financial performance data.
Be careful if you are interested in investing. The lack of financial performance representations may indicate limited data or varying results across franchises.
Extracted Item 19 Section
How Mastercare Compares to Other Senior Care Franchises
| Franchise | Investment Range | Franchise Fee | Royalty | Locations |
|---|---|---|---|---|
Mastercare Current | $126K - $223K | $45K | 5.0% | 0 |
| SYNERGY HOME CARE | $78K - $159K | $53K | 5.0% | 550 |
| SENIOR HELPERS | $149K - $221K | $55K | 5.0% | 355 |
| ALWAYS BEST CARE SENIOR SERVICES | $90K - $146K | $50K | 6.0% | 275 |
| COMFORCARE HOME CARE | $73K - $164K | $59K | 5.0% | 248 |
| FIRSTLIGHT HOME CARE | $127K - $219K | $50K | 5.0% | 238 |
Senior Care Average 43 franchises | $159K - $338K | $62K | 5.7% | - |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 43 Senior Care franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2024)
Outlets by state across the United States
SBA Loan History
Historical SBA 7(a) loan data for Mastercare franchisees (2016 - 2016)
Loans by Year
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Due Diligence
Litigation (Item 3)
No litigation involving franchisees reported in the FDD.
Bankruptcy (Item 4)
No bankruptcy history reported in the FDD.
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
How much does it cost to open a Mastercare franchise?
The total initial investment to open a Mastercare franchise ranges from $125,800 to $223,450. This includes a franchise fee of $45,000. Ongoing royalty fees are 5.0% of gross sales.
Can you get an SBA loan for a Mastercare franchise?
Yes, SBA loans are available for Mastercare franchises. Historical data shows 1 SBA 7(a) loans have been approved for Mastercare franchisees, with an average loan amount of $150,000. The historical default rate is 0.0%.
Is Mastercare a good franchise to buy?
Mastercare shows several positive indicators: low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.
Interested in Mastercare?
Talk to a franchise advisor to get personalized guidance and learn if Mastercare is the right fit for you.
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