Loading FDD preview...
Download this + 1,700 other FDDs · One-time purchase
1,700+ FDDs structured for franchise professionals
We extract fees, Item 19 financials, franchisee contacts, SBA default rates, litigation, and outlet data from every FDD — so you can compare brands in minutes, not months. Used by multi-unit operators, consultants, and franchise development teams.
Town Square
Town Square franchises provide high-quality adult day care and support services to families affected by Alzheimer’s and other forms of memory impairment diseases, operating centers with a unique indoor simulated urban environment using reminiscence therapy. Services include assistance with daily living activities, counseling, educational and exercise programs, health monitoring, social activities, meals, and transportation. The business model involves franchising approximately 6,000 square foot Standard Model Centers targeting families caring for individuals with dementia or related conditions.
Loading preview...
Download this + 1,700 other FDDs · One-time purchase
Franchise Costs
7% royalty + 1% marketing fund + $500-$1,500/mo IT fee (0.75% of gross sales)
Financial Performance
Item 19 Financial Performance
Data Based On: One corporate non-owner operated Legacy Model Center in Perry Hall, MD, that was open for the full twelve months of 2024 and had been in operation for more than eighteen months at the beginning of 2024.
* Data was extracted from the 'TOTAL LEGACY MODEL NON-OWNER OPERATED 11900 SQ/FT' column of the 'INCOME STATEMENT WORKSHEET' in Item 19-A. This column represents the actual financial performance for the Town Square Corporate Business in Perry Hall, MD. The document explicitly states that data for actual franchised units was excluded. As per instructions, company-owned data is used because no actual franchise data is provided. Average gross revenue and average net income are taken directly from this single corporate unit's income statement. Best guess profit range is set to the reported Net Income as no other estimated ranges or profit scenarios were provided for this specific actual unit.
Extracted Item 19 Section
Avg. Revenue: $1,312,615
Unlock financial performance data with full access to 1,700+ franchise reports
Unlock financial performance dataTown Square Franchise Analysis
Picture walking into a bustling indoor town square designed to spark memories for those with Alzheimer's—that's the innovative heart of Town Square's model in the booming senior care space. With franchising since 2018 and a fresh 2025 FDD, Item 19 peels back the curtain on revenue and profit data that hints at steady operations amid a tiny footprint of just 9 total centers. Yet in a field demanding massive upfront capital, does this niche player's growth trajectory and financing history signal a smart bet or a risky venture?
Item 7 lays out a hefty entry: initial investment spans $944,579 to $1,642,970 for 6,000-square-foot centers offering reminiscence therapy, meals, transport, and health monitoring. The $99,500 franchise fee kicks it off, followed by 7% royalties, 1% brand fund, and a 0.75% IT fee ($500-$1,500 monthly). Item 19 shines brightly here, reporting average gross revenue of $1,312,615 across units, but estimated profits clock in narrowly at $25,919—a slim 2% margin that underscores high operating costs in specialized dementia care. SBA records bolster credibility with 10 loans averaging $2,096,740, suggesting lenders see viability despite the scale.
System metrics paint a cautious expansion picture: 8 franchised and 1 corporate location, up 14% from 7 in 2023, with 3 projected new units and just 1 transfer. No major red flags in terminations, but the youth of the brand (post-2018) means limited track record—ideal for hands-on operators passionate about healthcare but demanding diligence on local demand for memory care. Those margins scream efficiency challenges; scaling via proven SBA paths could unlock better returns, yet buyers must weigh if Town Square's unique therapy edge justifies the million-plus outlay over broader senior care plays.
Analysis based on the 2025 Franchise Disclosure Document. All figures should be independently verified before making investment decisions.
How Town Square Compares
Key Insights
- Higher investment than 98% of Senior Care franchises
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
Town Square Current | $945K – $1.6M | $100K | 7.0% | 8 |
| SYNERGY HOME CARE | $80K – $164K | $55K | 5.0% | 626 |
| RIGHT AT HOME | $75K – $119K | $50K | 5.0% | 566 |
| Visiting Angels | $125K – $171K | $65K | 3.0% | 541 |
| SENIOR HELPERS | $149K – $221K | $55K | 5.0% | 355 |
| ALWAYS BEST CARE SENIOR SERVICES | $90K – $146K | $50K | 6.0% | 275 |
Senior Care Average 43 franchises | $159K – $337K | $62K | 5.6% | – |
* 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
Unlock location growth data with full access to 1,700+ franchise reports
Unlock location growth dataSBA Loan History
Historical SBA 7(a) loan data for Town Square franchisees (2021 – 2025)
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.
10 SBA loans on record
Unlock SBA loan history with full access to 1,700+ franchise reports
Unlock SBA loan historyFranchisee Contacts
10 franchisee contacts on file from official FDD filings.
10 Contacts Available
Unlock all Town Square franchisee contacts with verified contact information
Unlock contactsDue Diligence
Litigation (Item 3)
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Unlock due diligence reports with full access to 1,700+ franchise reports
Unlock due diligence reportsFrequently Asked Questions
The total initial investment to open a Town Square franchise ranges from $944,579 to $1,642,970. This includes a franchise fee of $99,500. Ongoing royalty fees are 7.0% of gross sales.
More Healthcare Franchises
VISION SOURCE
Healthcare
SPORTS CLIPS (SINGLE UNIT)
Healthcare
SUPERCUTS
Healthcare
European Wax Center
Healthcare
COST CUTTERS
Healthcare
GNC
Healthcare