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.
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
7% royalty + 1% marketing fund + $500-$1,500/mo IT fee (0.75% of gross sales)
Franchise Stats
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
How Town Square Compares to Other Senior Care Franchises
Key Insights
- Higher investment than 98% of Senior Care franchises
| Franchise | Investment Range | Franchise Fee | Royalty | Locations |
|---|---|---|---|---|
Town Square Current | $945K - $1.6M | $100K | 7.0% | 8 |
| 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 Town Square franchisees (2021 - 2025)
Loans by Year
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
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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 Town Square franchise?
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.
How much revenue does a Town Square franchise make?
According to the 2025 FDD, the average gross revenue for a Town Square franchise is $1,312,615.
How much profit can you make with a Town Square franchise?
Based on the financial performance data in the FDD, estimated profit for a Town Square franchise ranges from $25,919 to $25,919 per year. Actual results vary based on location, management, and market conditions.
How many Town Square franchise locations are there?
As of the 2025 FDD, Town Square has 8 franchise locations. The company has been franchising since 2018.
Can you get an SBA loan for a Town Square franchise?
Yes, SBA loans are available for Town Square franchises. Historical data shows 10 SBA 7(a) loans have been approved for Town Square franchisees, with an average loan amount of $2,096,740. The historical default rate is 0.0%.
Is Town Square a good franchise to buy?
Town Square shows several positive indicators: transparent financial performance data (Item 19), 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 Town Square?
Talk to a franchise advisor to get personalized guidance and learn if Town Square is the right fit for you.
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