16 frequently asked questions answered with data from the 2024 Franchise Disclosure Document.
The total initial investment to open a Nurse Next Door franchise ranges from $119K to $216K (2024 FDD). This includes the franchise fee, equipment, build-out, inventory, and working capital needed before opening.
View full investment analysisThe initial franchise fee for Nurse Next Door is $72K (2024 FDD). This one-time fee is paid to the franchisor when signing the franchise agreement and covers the right to use the brand, systems, and initial training.
View full investment analysisData sourced from the Nurse Next Door 2024 Franchise Disclosure Document (FDD). Always review the most current FDD and consult with a franchise attorney before making investment decisions.
No, Nurse Next Door does not require franchisees to have dedicated real estate (2024 FDD). This can significantly reduce startup costs and ongoing overhead.
View full investment analysisNurse Next Door charges a royalty fee of 5.0% of gross sales (2024 FDD). This ongoing fee is typically paid weekly or monthly to the franchisor for continued use of the brand and support systems.
View full fees analysisThe total ongoing fee rate for a Nurse Next Door franchise is approximately 6.0% of gross sales (2024 FDD). This includes the royalty fee, a 1.0% marketing/advertising fund contribution, a $500/month technology fee, and other recurring charges.
View full fees analysisNurse Next Door has been involved in 4 litigation cases over the past 3 years (2024 FDD). There are currently 1 pending cases. There are no class action lawsuits pending.
View full litigation analysisNo, the Nurse Next Door franchisor has no bankruptcy filings in their disclosure history (2024 FDD).
View full litigation analysisNurse Next Door offers protected territory rights to its franchisees (2024 FDD). The franchise agreement includes encroachment protection, preventing the franchisor from placing another unit in your territory. Online sales rights are shared between the franchisor and franchisee.
View full territory analysisNurse Next Door currently operates 73 locations (2024 FDD) (73 franchised, 0 company-owned). The system contracted by 1.4% over the past year. The 3-year compound annual growth rate is 13.4%.
View full growth analysisThe 1-year franchisee turnover rate for Nurse Next Door is 26.0% (2024 FDD). This includes closures, terminations, non-renewals, and transfers. A lower turnover rate generally indicates higher franchisee satisfaction and system stability.
View full growth analysisAccording to the Nurse Next Door FDD Item 19 financial performance representation (2024 FDD), the median gross sales per unit is $140K (average: $228K).
View full financials analysisThe initial franchise agreement term for Nurse Next Door is 5 years (2024 FDD). Franchisees can renew 1 time for 5-year periods. The total potential term is 10 years.
View full contract analysisNurse Next Door's post-termination non-compete clause restricts former franchisees from operating a competing business for 2 years within 20 miles of the former location (2024 FDD).
View full legal analysisYes, Nurse Next Door's franchise agreement requires mandatory arbitration for dispute resolution (2024 FDD). The agreement includes a jury trial waiver.
View full legal analysisNurse Next Door provides 39 hours of initial training over approximately 1 weeks (2024 FDD). The cost of training is covered by the franchisor (travel and lodging are typically the franchisee's responsibility). Ongoing field support is provided on a as-needed basis.
View full support analysisYes, Nurse Next Door provides site selection assistance to help franchisees find the right location (2024 FDD). The franchisor also provides technology support and systems.
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