FranchiseVerdict
Nurse Next Door logo
FV-01801·MODERATEExcellent95

Nurse Next Door

Home Services - OtherFranchising since 2010Website
Investment
$119K – $217K
54th pct Other
Avg revenue
$221K
3rd pct Other
Royalty
5.0%
6th pct Other
Units
71
62nd pct Other
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $119K – $217K including a $72K franchise fee, 5.0% ongoing royalty.
  • Average unit revenue of $221K/year (median $139K).
  • Rated MODERATE with a risk score of 61/100. SBA loan default rate of 0.0% across 95 loans (below the industry average).

Item 1 · who you're contracting with

The Franchisor

Legal entity
NURSE NEXT DOOR HOME HEALTHCARE SERVICES (USA) INC.
Parent company
Nurse Next Door Professional Homecare Services Inc.
Incorporated in
Washington
HQ
Suite 300 – 1788 West 5th Avenue, Vancouver, British Columbia V6J 1P2
Auditor
KPMG LLP
Audited financials
Franchisor revenue
$4.8M
vs $5.4M prior year

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 Nurse Next Door unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $221,375
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: restoration
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $119K–$217K
Working capital
$
FDD reports $20K–$50K

Unlevered ROIC · per unit

14%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$29K
EBITDA margin
13.0%
Total invested
$203K
Payback
85 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Levered LBO scenario · Yale Crease Capital framing

What would 25 Nurse Next Door units return on equity?

Edit assumptions

Equity IRR · 5-yr

49.9%

7.57× MOIC

Year-1 DSCR

1.88×

EBITDA ÷ debt service

Equity required

$266K

on $1.3M purchase

Total debt

$1.1M

SBA $0.7M + senior + seller note

Overview

About

Franchisees operate in-home senior care services, recruiting and managing licensed nurses and caregivers to provide services like personal care, medication management, and companionship. Day-to-day operations involve client acquisition, caregiver scheduling and payroll, quality assurance, and regulatory compliance with state healthcare licensing requirements.

CEO
Cathy Thorpe
Founded
2010
FDD year
2026
States available
20

Item 7 · what it costs

The Vitals

Total investment
$119K – $217K
All-in to open one unit
Liquid capital
$20K – $50K
Cash you must have on hand
Franchise fee
$72K
Royalty
5.0%
Gross Sales · typical 6–8%
Ad fund
1.0%
typical 3–5%
Total fee load
6.0%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$221K
Per unit, per year
Median gross sales
$139K
Item 19 type
Gross Sales
Sample size
35 units
vs category median 21
Range (low → high)
$0$771K
Cohort dispersion
Transparency
4 / 5
vs category median 4 / 5 · typical
Revenue rank3th
vs Home Services - Other peers
Investment cost rank54th
Lower investment ranks lower (better)
Royalty rate rank6th
Lower royalty = lower percentile (better)
Unit count rank62th
vs Home Services - Other peers
Risk score rank59th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
71
Opened
10
Last reporting year
Closed
11
Turnover rate
15.5%
Company-owned
0
Corporate units in the system
% franchised
100%
vs corporate-owned
Net growth (yr3)
-2.7%
Net unit change last year
3-yr CAGR
-4.1%
Compounded over last 3 years
2024
71-2
Franchised units
2025
73
Franchised units
2026
74
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 6 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).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 6 states
Not registered

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.

Total loans
95
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

61
Risk · 0-100
MODERATE61 / 100

Nurse Next Door presents HIGH RISK due to shrinking franchise system, multiple active litigations involving material misrepresentation and licensure claims, undisclosed profitability metrics, and franchisor going concern issues.

Score breakdown · what drove the 61 / 100 rating

  1. 01MINORDeclining unit count (-2.7% YoY) indicates system contraction and potential franchisee dissatisfaction
  2. 02HIGHMultiple active litigations including material misrepresentation claims regarding licensure—critical for home care operations
  3. 03MEDNo disclosed average net income despite $119K-$217K investment and $221K average revenue raises profitability concerns
  4. 04HIGHGoing Concern status is FALSE, suggesting potential financial viability questions at franchisor level
  5. 05MINORHigh franchise fee ($72K) relative to initial investment floor creates risk if franchisees underperform
  6. 06MINORCalifornia investigation regarding earnings representations indicates potential disclosure violations in Item 19
  7. 07MINORFlorida franchisee lawsuit alleging misrepresentations on licensure directly impacts regulatory compliance and operations

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Zip Codes
Protected territory
Yes
Initial term
5 years
Renewal term
5 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
4
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Washington

Item 11

Training & Operations

Classroom training
32 hrs
On-the-job training
6 hrs
POS system
AlayaCare
Operating tech stack

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

55 numbers

Locked
(951) 572-••••
ID
(919) 522-••••
CO
(925) 640-••••
CA

One-time purchase · CSV download · Validation questions included

FDD download

Nurse Next Door · FDD (2026) PDF

Single-page checkout · instant download · CSV export of contacts available separately above