JovieFranchise Cost, Revenue & Review 2026
Data from FDD filing
FranchiseVerdict summary · 2026
A Jovie franchise requires a total initial investment of $124K – $193K, including a $50K franchise fee and an ongoing 5.0% royalty[2]. Per the 2025 FDD, average unit revenue was $5.0M[2]. Verdict grade: A. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $124K – $193K
- 68th pct Senior Care
- Avg gross sales
- $5.0M
- 72nd pct Senior Care
- Royalty
- 5.0%
- 7th pct Senior Care
- Units
- 182
- 75th pct Senior Care
- SBA default
- N/A
Quick verdict · Senior Care · color = vs category peers
Green = >15% above Senior Care avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Each dollar invested generates 31.3x in gross revenue, well above the typical 1.5-2.5x range.
Franchised units fell from 177 to 165 over 3 years. Investigate why operators are leaving.
Bottom line
- Total investment $124K – $193K including a $50K franchise fee, 5.0% ongoing royalty.
- Average unit revenue of $5.0M/year.
- Verdict A (Top Quintile) with a risk score of 34/100.
- System contracting at -6.8% CAGR over 3 years. Investigate whether closures are franchisor-driven (consolidation) or franchisee-driven (economics).
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- Jovie Inc.
- Parent company
- Bright Horizons Family Solutions Inc.
- Incorporated in
- MN
- HQ
- 11030 Circle Point Road, Suite 300, Westminster, CO 80020
- Auditor
- BGM CPA LLC
- Audited financials
- Franchisor revenue
- $11.4M
- vs $12.1M prior year
Independent franchisee associations
- Franchise Advisory Council (FAC)
Franchisee-led councils or alliances disclosed in Item 20. Indicates operator voice.
Overview
About
Jovie franchisees operate a specialty retail or service-based business (specific model unclear from data provided). Day-to-day operations likely involve customer acquisition, service/product delivery, inventory management, and local marketing while paying 5% of gross revenues to corporate despite undisclosed average unit economics.
- CEO
- Stuart Dupuy
- Headquarters
- CO
- Founded
- 2005
- FDD year
- 2025
- States available
- 30
FDD Item 7 · 2025 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $50K | $50K |
| Working capital (3–6 mo) | $40K | $60K |
| Equipment, build-out, other | $34K | $84K |
| Total initial investment | $124K | $193K |
Source: Jovie 2025 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Single-unit · estimated
Returns at a glance
Indicative numbers using FDD Item 7 / Item 19 inputs and category-benchmarked cost ratios. Full single-unit, 25-unit portfolio, and LBO models (with every input editable to stress-test your own scenario) live on the financials page.
Store EBITDA · annual
$896K
18.0% margin
Unlevered ROIC
429%
EBITDA / total invested capital
Payback
3 mo
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $124K – $193K
- Below avg, review vs category
- Liquid capital req'd
- $40K – $60K
- Below avg, review vs category
- Franchise fee
- $30K – $50K
- Near category avg vs category
- Royalty
- 5.0%
- percentage_of_gross · typical 6–8%
- Ad fund
- 2.0%
- typical 3–5%
- Total fee load
- 7.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 5.0% of gross sales |
| Marketing / ad fund | 2.0% of gross sales |
| Technology fee | $225 |
| Training fee | $2K |
| Transfer fee | $12K |
| Renewal fee | $3K |
| Total fee load | 7.0% of rev |
Financial Performance
- Avg gross sales
- $5.0M
- Per unit, per year
- Median gross sales
- N/A
- Item 19 type
- gross_sales
- Sample size
- 38 units
- vs category median 22
- Range (low → high)
- $212K→$9.7M
- Cohort dispersion (min → max)
- Quartile band
- $409K→$4.7M
- Bottom 25% → top 25%
- Reporting year
- 2024
- Fiscal year the figures cover
- Transparency
- 0 / 5
- vs category median 4 / 5 · below
Compared against 70 Senior Care brands
Revenue is 31.3x the investment midpoint. At typical franchise margins, this suggests a payback under 3 years.
vs Senior Care averages
How Jovie Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 182
- Opened
- 5
- Last reporting year
- Closed
- 8
- Turnover rate
- 4.4%
- Company-owned
- 17
- Corporate units in the system
- % franchised
- 91%
- vs corporate-owned
- Net growth (yr3)
- -1.8%
- Net unit change last year
- 3-yr CAGR
- -6.8%
- Compounded over last 3 years
3-year detail · Item 20
- Closed (3yr)
- 0
- Terminated (3yr)
- 9
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 15
- Reacquired (3yr)
- 1
- Franchisor bought back
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 17 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 contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
Available to sell in · Item 12
- Illinois
- Indiana
- Maryland
- Michigan
- Minnesota
- North Dakota
- South Dakota
- Virginia
- Washington
- Wisconsin
States where the franchisor is registered to sell new franchises (FDD registration filings).
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Jovie presents meaningful risk due to shrinking unit count, complete lack of financial transparency (no Item 19), and significant capital requirement with unclear ROI potential.
Litigation (Item 3)
0 case reference(s): 0 pending, 0 settled.
Largest disclosed settlement: $119,997
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · BGM CPA LLC
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: No
- Must buy proprietary products: No
- Restricted to system-approved products: Yes
Score breakdown · what drove the 34 / 100 rating
- 01MINORUnit count declining 1.8% YoY indicates system contraction and potential market saturation or franchisee dissatisfaction
- 02MINORNo Item 19 (average unit volumes) disclosure means no transparency on actual franchisee profitability—critical red flag for ROI assessment
- 03MEDHigh initial investment ($124K-$193K) combined with 5% royalty burden without disclosed revenue benchmarks creates uncertainty on payback period
- 04MED10-year term length locks franchisees into long commitment with limited exit flexibility in a declining system
- 05MINORFranchise fee of $49,999 is substantial relative to total investment and raises questions about support quality
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 10 years |
| Allowed renewalsℹ | 1 |
| Territory type | Zip codes |
| Protected territory | Yes |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Not allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Right of first refusalℹ | Yes |
| Termination notice | 30 days |
| Curable defaultsℹ | 2 |
| Mandatory arbitration | No |
| Jury trial waiver | Yes |
| Governing law | Colorado |
| Litigation count | 0 |
View Item 3 litigation summary
0 case reference(s): 0 pending, 0 settled.
Items 10, 11
Training & Operations
- Classroom training
- 28 hrs
- On-the-job training
- 90 hrs
- Training location
- On-site and corporate
- Franchisor financing
- Offered
- Item 10
- POS system
- MyJovie
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: MyJovie
Item 20 · call current owners
Franchisee Contacts
33 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Jovie · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Jovie franchise?
The total investment to open a Jovie franchise ranges from $124K – $193K, with an initial franchise fee of $50K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Jovie franchise owners earn?
According to Item 19 of the Jovie FDD, the average gross sales per unit is $5.0M. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is Jovie's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Jovie (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many Jovie franchise locations are there?
As of their most recent FDD filing, Jovie has 182 total units in the United States, including 177 franchised units and 17 company-owned units. 5 new units were opened in the latest reporting year.
Is Jovie a good franchise to buy?
FranchiseVerdict rates Jovie as a A-grade franchise with a risk score of 34 out of 100, based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
Are you the franchisor?
If you represent Jovie, you can request corrections or provide updated information.
Claim this brandOther Senior Care franchises
Compare similar franchise opportunities in the Senior Care category
Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.