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Below is an in-depth analysis and side-by-side comparison of CottageCare including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $49,500 - $75,500 | |
Franchise Fee | $9,500 - $17,000 | |
Royalty Fee | 5.5% | |
Advertising Fee | - | |
Year Founded | 1988 | |
Year Franchised | 1989 | |
Term Of Agreement | 10 years | |
Term Of Agreement | 10 years | |
Renewal Fee | $3K | |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | ||
Franchise Fees | No/No | |
Start-up Costs | No/No | |
Equipment | No/No | |
Inventory | No/No | |
Receivables | No/No | |
Payroll | No/No | |
Training & Support |
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Training | - | |
Support | Newsletter, Meetings, Internet, Field operations/evaluations | |
Marketing | - | |
Operations |
25% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) |
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Expansion Plans |
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US Expansion | Yes | |
Canada Expansion | No | |
International Expansion | Yes |