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.

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.

$126K–$223K

Investment

Since 2013

Franchising

ServicesDallas, TXwww.gomastercare.comDisclaimer

Franchise Costs

Franchise Fee

$45,000

Item 5 of FDD

Initial Investment Range

$125,800 – $223,450

Low: $125,800High: $223,450

Item 7 of FDD

Royalty Rate

5.00%

of gross sales

Brand Fund

2.00%

Item 6 of FDD

Fixed Monthly Fees

$83

Item 6 of FDD

5% royalty (or $1,000/mo minimum if lower, tiered to 4.5% above $350k monthly gross revenue) + 2% national marketing fund.

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

Franchise	Investment	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	$158K – $336K	$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

Top States

1TX

SBA Loan History

Historical SBA 7(a) loan data for Mastercare franchisees (2016 – 2016)

Total Loans

Average Loan

$150,000

Total Volume

$0.1M

Default Rate

0.0%

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.

Due Diligence

Litigation (Item 3)

Franchisee Cases0

No litigation involving franchisees reported

Bankruptcy (Item 4)

Bankruptcy HistoryNo

No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations

Non-Renewals

Reacquired

Ceased Ops

Transfers

Sold to Franchisees

Projected New

Frequently Asked Questions

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.