Bottom line
- Total investment $98K – $174K including a $50K franchise fee, 5.0% ongoing royalty.
- Average unit revenue of $853K/year (median $330K).
- Rated STRONG with a risk score of 39/100. SBA loan default rate of 0.0% across 13 loans (below the industry average).
- System contracting at -8.3% CAGR over 3 years. Investigate whether closures are franchisor-driven (consolidation) or franchisee-driven (economics).
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 Qualicare unit return on the cash you put in?
Unlevered ROIC · per unit
72%
Above typical band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 Qualicare units return on equity?
Equity IRR · 5-yr
49.9%
7.57× MOIC
Year-1 DSCR
1.88×
EBITDA ÷ debt service
Equity required
$1.0M
on $5.1M purchase
Total debt
$4.1M
SBA $2.6M + senior + seller note
Overview
About
Qualicare franchisees operate a healthcare staffing or home care services business, likely managing client relationships, recruiting and scheduling care personnel (nurses, aides, or support staff), and overseeing service delivery to patients or elderly/disabled individuals. Day-to-day operations involve managing staff compliance, handling client billing, maintaining regulatory certifications, and responding to service requests.
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 · 14 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
Qualicare presents moderate-to-caution risk due to undisclosed net income, going concern status, lack of Item 19 profitability data, and high upfront franchisor capture relative to total investment.
Score breakdown · what drove the 39 / 100 rating
- 01MEDNet income not disclosed in FDD Item 19 — cannot validate actual profitability against $852,618 average revenue claim
- 02HIGHGoing Concern status is FALSE — suggests franchisor may have financial stability issues or operational uncertainties
- 03MINOR17.9% YoY unit growth is modest for a franchise system and could indicate market saturation or recruitment challenges
- 04MINORHigh franchise fee ($49,700) relative to total investment range ($98,150–$174,150) means 50.6% of minimum investment goes to franchisor before operations begin
- 05MINORWide investment range ($76,000 spread) suggests high variability in startup costs and unclear cost structure for prospective franchisees
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
16 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Qualicare · FDD (2025) PDF