Bottom line
- Total investment $139K – $248K including a $70K franchise fee.
- Average unit revenue of $8.9M/year. Estimated payback in 0.1 years.
- Rated MODERATE with a risk score of 60/100. SBA loan default rate of 0.0% across 4 loans (below the industry average).
- Emerging franchise — only 3 years of franchising with 2 units. Early-stage systems carry higher risk but may offer better territory availability.
Item 1 · who you're contracting with
The Franchisor
Yale framework · single-unit ROIC
Returns Analysis
Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.
The model · Yale framework
What would one First Day Homecare unit return on the cash you put in?
Unlevered ROIC · per unit
586%
Above typical band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 First Day Homecare units return on equity?
Equity IRR · 5-yr
22.1%
2.72× MOIC
Year-1 DSCR
4.15×
EBITDA ÷ debt service
Equity required
$51.1M
on $80.2M purchase
Total debt
$29.1M
SBA $5.0M + senior + seller note
Overview
About
First Day Homecare franchisees operate in-home care services for seniors and vulnerable adults, managing caregiver hiring/training, client intake/assessment, and daily service delivery coordination. Franchisees oversee patient scheduling, quality assurance, billing/collections, and compliance with healthcare regulations while building relationships with referral sources (hospitals, social workers, families).
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 9 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.
Government records
SBA Loan Data
Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Severely underdeveloped franchise system with only 2 units, no financial performance data for franchisees, and unclear path to profitability justifies caution despite absence of litigation.
Score breakdown · what drove the 60 / 100 rating
- 01MINOROnly 2 units in entire system indicates severe underdevelopment or failed growth strategy
- 02MINORNo Item 19 (Financial Performance Representations) provided despite strong corporate averages ($1.48M net income)
- 03MINORExtreme disparity between corporate averages ($8.9M revenue) and typical franchisee ability to achieve comparable results unknown
- 04MINORHigh initial investment ($138K-$248K) with only 2 operating units to validate business model
- 05MINORMinimum royalty structure ($0-$1,000/mo) suggests early-stage franchise with unproven unit economics
- 06HIGHNo disclosed litigation is positive but insufficient given system immaturity and going concern absence
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
Item 11
Training & Operations
Item 20
Franchisee Contacts
Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.
Franchisee contacts
10 numbers
One-time purchase · CSV download · Validation questions included
FDD download
First Day Homecare · FDD (2025) PDF