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FranchiseVerdict

How Much Does a First Day Homecare Franchise Cost?

Data from the 2025 Franchise Disclosure Document

Investment Summary

Total Investment

$139K – $248K

Franchise Fee

$70K

Royalty

The greater of (i) 5% of monthly Gross Revenue, or (ii) the Minimum Monthly Royalty ($0-1,000/mo)

Ad Fund

1.0%

Cost Breakdown

Initial Franchise Fee

The initial franchise fee for First Day Homecare is $70K. This one-time payment covers the right to operate under the brand, access to proprietary systems, and initial training programs.

Total Investment Range

Opening a First Day Homecare franchise requires a total investment of $139K – $248K. This range typically includes real estate or leasehold improvements, equipment and fixtures, initial inventory, signage, insurance, and working capital to sustain operations during the ramp-up period.

Working capital alone ranges from $40K to $60K.

Ongoing Costs

Beyond the initial investment, First Day Homecare franchisees pay ongoing fees. The royalty structure is: The greater of (i) 5% of monthly Gross Revenue, or (ii) the Minimum Monthly Royalty ($0-1,000/mo). The advertising or brand fund contribution is 1.0% of gross sales. There is also a technology fee of $300.

Net Worth & Liquid Capital Requirements

First Day Homecare requires working capital of $40K – $60K to cover initial operating expenses. This is the liquid cash you should have available beyond the franchise fee and buildout costs.

What Can You Earn?

First Day Homecare does not disclose earnings data in Item 19 of its Franchise Disclosure Document. Not all franchisors choose to publish financial performance representations, though this is a data point many prospective franchisees consider important.

How Do Banks View First Day Homecare?

SBA Loans Issued

2

Default Rate

N/A

The SBA (Small Business Administration) tracks loan performance for franchise brands. First Day Homecare has 2 SBA-backed loans on record. A lower default rate generally indicates that lenders view the franchise as a safer investment, though past performance does not guarantee future results.

Next Steps

Talk to current First Day Homecare franchise owners

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See full First Day Homecare research

Risk analysis, unit growth, contract terms, and more

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