FAQS FOR PROSPECTIVE FRANCHISEES

We get a lot of great questions from people inquiring about owning a Town Square franchise. Here are some of the most common – contact us with any further inquiries.

Do you have financing available?

Town Square has established partnerships with a number of third-party lenders. Our franchisees are always free to consult with us, and we can always provide guidance during the financing process.

Will there be continued growth opportunities for adult day care?

The population of Americans aged 65 and over is expected to increase by 50% over the next 17 years. Therefore, the demand for senior services will only increase during that time.

Are Town Square territories protected?

We grant protections for certain types of territorial rights. Please consult Item 12 of the Franchise Disclosure Agreement for full details.

Is there a territory available in my area?

As Town Square expands across the US, we have many territories currently available and will make more available in the future. Please contact our franchising specialists to inquire about the availability of specific markets.

Do I have to have any type of medical background to own a Town Square franchise?

No. We are seeking franchisees who are highly adept in business skills such as management, sales, and customer service and who have an empathetic mindset and are interested in helping their local seniors. We do not require any kind of medical training.

Do you offer training and operations support?

We assign each of our franchisees a Business Development Consultant to be their first point of contact and line of support. Your Business Development Consultant will help you as you set up your Town Square franchise, guide you as you create your sales, marketing, and financial plans, and make themselves available as a means of operational support. Learn more about our training and support for franchisees.

How much does it cost to buy a Town Square franchise?

The total estimated initial investment necessary to begin operation of a Town Square Franchised Business ranges from $847,224 to $1,387,268. This includes an initial fee of $99,500.

What are the cash and net worth requirements?

To invest in a Town Square franchise, you will need at least $250,000 in liquid capital and a minimum verifiable net worth of $500,000.

You should also have a credit score of at least 700 or higher.

Does Town Square offer financing for franchise buyers?

No, we can connect you with efficient lenders who know the Town Square business model and can find a banking partners for financing.

Will my franchise territory be protected?

Yes, your protected territory signifies that no other Town Square can open within your designated ZIP codes.

Can I purchase multiple territories?

Yes, franchisees are welcome to secure multiple territories as well as expand in the future.