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Premier RN Geriatric Care franchise

2024 filing · April 15, 2024Growing

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Premier RN Geriatric Care at a glance

A nurse-led care management business providing in-home health assessments, care plans and consultation, mainly for older adults. At the end of 2023 there were 3 Premier RN Geriatric Care locations in the US, 2 franchised and 1 company-owned.

The business

Franchisor
Premier RN Geriatric Care Franchising, LLC
The company that sells the franchises
Who runs it
Semi-absentee
Owner doesn't have to take part; a trained manager runs it
Franchisor based in
Arlington, Virginia

What you pay

Cost to open
$82K–$140K
Fee, build-out and opening working capital
Franchise fee
$35,000
Paid once, when you sign
Royalty
6%
6% of gross sales, paid monthly, plus a 1% marketing fund contribution
Brand fund
1%
1% of gross sales
Agreement length
10 years
Territory
Protected
Protected territory
Franchisor financing
None offered
SBA Franchise Directory
Not listed
Lenders check this list before an SBA loan

Where it is

US locations, 2023
3
Franchised and company-owned
Franchised
2
Company-owned
1
Change in 3 years
+2
Franchised locations, 2021–2023
States
2
Most in Virginia and New Jersey

Support and records

Shares sales figures
No
Ask current owners what a location makes
Lawsuits disclosed
Yes
Bankruptcy disclosed
None
Latest filing
Apr 15, 2024
2024 filing

From Premier RN Geriatric Care Franchising, LLC’s 2024 filing; SBA status from the SBA Franchise Directory, October 28, 2026.

Where it ranks

Premier RN Geriatric Care among all franchises with the same figure.

FigurePremier RN Geriatric CareAmong all franchises
Cost to open, midpointHalfway between the low and high estimate$111,025Costs less than 85% of franchises
Franchise feePaid once, when you sign$35,000Lower than 61% of franchises
RoyaltyShare of sales paid to the franchisor6%Higher than 35% of brands with a set rate
US locationsFranchised and company-owned3Fewer than 78% of franchises

How much a Premier RN Geriatric Care franchise costs

Opening one Premier RN Geriatric Care costs an estimated $81,750 to $140,300. That covers the franchise fee and everything else needed to open, through the first months of working capital. It is one of the low-cost franchises.

The biggest costs are additional funds (for first 3 months) ($30,000 to $60,000) and initial franchise fee ($35,000). Here is every line of the estimate as filed:

What it pays forRangeLowHigh
Initial franchise fee$35,000
Signing the franchise agreement Real Estate/Rent$250$4,000
Signing lease Utilities$0$300
Ordering service Leasehold Improvements$0$2,000
Market Introduction Program$2,500$5,000
Or when billed Furniture, Fixtures, and Equipment$1,000$5,000
Computer Systems$1,000$3,500
Insurance$3,000$5,000
Ordering Signage$1,000$2,000
Inventory$2,000$3,000
Licenses and Permits$2,500$7,500
Application Dues and Subscriptions$500$1,000
Professional Fees (lawyer, accountant, etc.)$1,000$2,500
Or when billed Travel, lodging and meals for initial training$2,000$4,500
Additional funds (for first 3 months)$30,000$60,000
Total$81,750$140,300

Source: Premier RN Geriatric Care Franchising, LLC, 2024 filing, page 16

Premier RN Geriatric Care franchise fee

The franchise fee is $35,000. You pay it when you sign the franchise agreement.

Source: Premier RN Geriatric Care Franchising, LLC, 2024 filing, page 12

Royalty and ongoing fees

Royalty6% of gross sales, paid monthly, plus a 1% marketing fund contribution.
Brand or marketing fund1% of gross sales.
Replacement/Additional Training feeCurrently, $450 per day

The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.

Source: Premier RN Geriatric Care Franchising, LLC, 2024 filing, page 13

Other fees as filed, from page 13. The filing lists every fee, including late fees and audit costs.

Sales and earnings

No figures Premier RN Geriatric Care does not share sales or profit figures for its locations. Talking to current and former franchise owners is the usual way to learn what a location earns.

Source: Premier RN Geriatric Care Franchising, LLC, 2024 filing, page 40

How Premier RN Geriatric Care compares

Of the 73 home care franchises on this site, Premier RN Geriatric Care is the 19th cheapest to open and the 58th largest by number of locations.

FigurePremier RN Geriatric CareTypical home care brandTypical franchise
Cost to open, low end$82K$100K$222K
Cost to open, high end$140K$175K$477K
Franchise fee$35K$50K$40K
Royalty6%5%6%
Brand fund1%1%2%
US locations32521
Shares earnings figuresNo61 of 732,147 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

2 opened
0 closed or left
Franchised locations, last 3 years
2021
0 opened0 closed or left
0 (0)
2022
0 opened0 closed or left
0 (0)
2023
2 opened0 closed or left
2 (+2)
YearFranchisedCompany-ownedOpenedClosed
20210 (0)100
20220 (0)100
20232 (+2)1+20

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: Premier RN Geriatric Care Franchising, LLC, 2024 filing, page 40

Source filing (2024, PDF)

Where Premier RN Geriatric Care locations are

At the end of 2023, Premier RN Geriatric Care had locations in 2 states. The most are in Virginia and New Jersey.

  • Virginia2
  • New Jersey1
StateFranchisedCompany-ownedTotal
Virginia112
New Jersey101

Source: Premier RN Geriatric Care Franchising, LLC, 2024 filing, page 41

Who owns Premier RN Geriatric Care?

Premier RN Geriatric Care franchises are sold by Premier RN Geriatric Care Franchising, LLC. Its filing names no parent company.

From Premier RN Geriatric Care Franchising, LLC’s 2024 filing, page 8.

Premier RN Geriatric Care filings

The figures on this page come from Premier RN Geriatric Care Franchising, LLC’s 2024 filing, issued April 15, 2024, on record with the NASAA Electronic Filing Depository.

Premier RN Geriatric Care filings, newest first
FilingIssuedRegistryOn this page
2024 filingApril 15, 2024NASAA depositoryCosts, fees and locations, 2021–2023

Each link opens the filing as a PDF. See the newest filings across all brands.

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