Care With Love franchise
2022 filing · March 3, 2022Shares sales figures
Care With Love at a glance
A non-medical home care agency providing personal care services to clients in their homes. At the end of 2021 there were 2 Care With Love locations in the US, all company-owned.
The business
- Industry
- Home care and senior care
- Franchisor
- Care With Love Elite, LLC
- The company that sells the franchises
- Franchisor based in
- Fairfax, Virginia
- Typical size
- 100–150 sq ft
What you pay
- Cost to open
- $135K–$211K
- Fee, build-out and opening working capital
- Franchise fee
- $49,000
- A second or later agency gets 50% off the then-current fee
- Royalty
- 5%
- 5% of gross revenues, paid every two weeks, plus 1% to the brand fund and a monthly technology fee, currently at least $1,000
- Brand fund
- 1%
- 1% of gross revenue, paid every two weeks
- Renewal fee
- See terms
- 50% of the then-current franchise fee
- Agreement length
- 10 years
- Territory
- Limited
- Limited protection
- Franchisor financing
- None offered
Where it is
- US locations, 2021
- 2
- Franchised and company-owned
- Franchised
- 0
- Company-owned
- 2
- Change in 3 years
- 0
- Franchised locations, 2019–2021
From Care With Love Elite, LLC’s 2022 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Care With Love among all franchises with the same figure.
| Figure | Care With Love | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $173,156 | Costs less than 73% of franchises |
| Franchise feePaid once, when you sign | $49,000 | Higher than 62% of franchises |
| RoyaltyShare of sales paid to the franchisor | 5% | Lower than 69% of brands with a set rate |
| US locationsFranchised and company-owned | 2 | Fewer than 82% of franchises |
How much a Care With Love franchise costs
Opening one Care With Love costs an estimated $135,043 to $211,268. That covers the franchise fee and everything else needed to open, through the first months of working capital.
The biggest costs are additional funds – 3 months ($62,193 to $99,435) and initial franchise fee ($49,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $49,000 | ||
| Construction, Leasehold Improvements | $300 | $8,900 | |
| Furniture and Fixtures | $3,150 | $5,250 | |
| Equipment | $2,500 | $3,500 | |
| Signage | $1,600 | $6,800 | |
| Technology Fees | $4,000 | ||
| Opening Inventory | $500 | $3,500 | |
| Rent Deposits | $2,880 | $6,480 | |
| Utility Deposits | $140 | $298 | |
| Insurance Deposits and Premiums | $80 | $405 | |
| Pre-opening Travel Expense | $2,000 | $5,200 | |
| Grand Opening Advertising | $3,000 | $4,000 | |
| Professional Fees | $1,500 | $6,500 | |
| Business Permits and Licenses | $500 | $5,000 | |
| Printing, Stationery, and Office Supplies | $1,700 | $3,000 | |
| Additional funds – 3 Months | $62,193 | $99,435 | |
| Total | $135,043 | $211,268 | |
Source: Care With Love Elite, LLC, 2022 filing, page 21
Care With Love franchise fee
The franchise fee is $49,000, a second or later agency gets 50% off the then-current fee. You pay it when you sign the franchise agreement.
Source: Care With Love Elite, LLC, 2022 filing, page 13
Royalty and ongoing fees
| Royalty | 5% of gross revenues, paid every two weeks, plus 1% to the brand fund and a monthly technology fee, currently at least $1,000. |
|---|---|
| Brand or marketing fund | 1% of gross revenue, paid every two weeks. |
| Transfer Fee | 50% of the then-current franchise fee |
| Renewal Fee | 50% of the then-current franchise fee |
| Additional Attendees at Initial Training | $500 per person |
| Minimum Local Advertising Spend | 1% of Gross Revenues |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Care With Love Elite, LLC, 2022 filing, pages 13 and 14
Other fees as filed, from pages 14–16. The filing lists every fee, including late fees and audit costs.
Sales and earnings
Shares figures Care With Love publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
Source: Care With Love Elite, LLC, 2022 filing, page 49
How Care With Love compares
Of the 73 home care franchises on this site, Care With Love is the 63rd cheapest to open and the 62nd largest by number of locations.
| Figure | Care With Love | Typical home care brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $135K | $100K | $222K |
| Cost to open, high end | $211K | $175K | $477K |
| Franchise fee | $49K | $50K | $40K |
| Royalty | 5% | 5% | 6% |
| Brand fund | 1% | 1% | 2% |
| US locations | 2 | 25 | 21 |
| Shares earnings figures | Yes | 61 of 73 | 2,147 of 3,352 |
Typical is the median across the 73 brands in home care and senior care franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2019 | 0 (0) | 1 | 0 | 0 |
| 2020 | 0 (0) | 1 | 0 | 0 |
| 2021 | 0 (0) | 2 | 0 | 0 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: home care franchise costs and franchise failure rates.
Source: Care With Love Elite, LLC, 2022 filing, page 54
Who owns Care With Love?
Care With Love franchises are sold by Care With Love Elite, LLC.
From Care With Love Elite, LLC’s 2022 filing.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | None. The filing says no litigation has to be disclosed. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: Care With Love Elite, LLC, 2022 filing, litigation on page 13, bankruptcy on page 13
Care With Love filings
The figures on this page come from Care With Love Elite, LLC’s 2022 filing, issued March 3, 2022, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2022 filing | March 3, 2022 | NASAA depository | Costs, fees and locations, 2019–2021 |
Each link opens the filing as a PDF. See the newest filings across all brands.
