NURSE NEXT DOOR

Item 7 outlines an initial investment range of $119,286 to $217,210, with a $72,000 franchise fee. Ongoing fees stack up: 5% royalty, 1% brand fund, plus a Care Services Center fee (greater of 7% gross sales or $300/month) and $600/month technology fee (with add-ons for users). Item 19 reveals average gross revenue of $221,375 but a median of $139,239 across units, suggesting top performers skew the average—realistic expectations lean toward the median for newcomers. SBA data shows 56 loans averaging $171,498, but a 19.6% default rate exceeds category norms, hinting at cash flow pressures in this capital-intensive field.

System health shows contraction from 73 to 71 locations (-3%), with 18 projected new units, 1 non-renewal, and 6 transfers. Litigation includes a resolved arbitration over breach and non-compete issues, plus an ongoing one alleging FDD misrepresentations and fraud (with franchisor counters). Since franchising in 2010 from Vancouver, BC, the model's VA-funded and staffing angles add revenue diversity, but high fees, defaults, and disputes amplify risks—ideal for nurse-led operators with deep healthcare ties, cautious otherwise.