CareDiem Franchise FDD, Costs & Fees (2025)

CareDiem offers personalized home care services for seniors, helping them maintain independence and improve quality of life.

CareDiem Home Care is a non-medical in-home care franchise that delivers personalized services to seniors and individuals in need of support. The company was originally founded in 2013 as At Your Service HomeCare in Palatine, Illinois. It later rebranded to CareDiem under the leadership of Grishma Patel and Danielle Rajoo.

Headquartered in Palatine, Illinois, CareDiem Franchising, LLC was officially formed in 2024 to begin offering franchise opportunities. The company provides a variety of care services, including companion care, live-in assistance, dementia care, sitter services, and respite care.

Services are offered through flexible hourly, live-in, a-la-carte, and fully catered programs. Franchising began in 2024 with a focus on helping local entrepreneurs launch home-based care businesses.

CareDiem sets itself apart through its CLIENT-DRIVEN C.A.R.E. values: Commitment, Accountability, Respect, and Empathy. The brand emphasizes client independence, rigorous caregiver screening, and technology-supported scheduling.

Initial investment

Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.

Type of Expenditure Amount
Initial Franchise Fee $40,000
Training Expenses $1,375 - $1,750
Real Property, whether purchased or leased $0 - $750
Office Equipment and Supplies $500 - $1,800
Initial supplies (not office-related) $500 - $1,100
Security Deposits, utility deposits, business licenses and pre-paid expenses $1,500 - $8,000
Software and Hardware $3,875 - $6,400
Vehicle and vehicle signage $0 - $40,000
Signage $0
Pre-opening and grand opening advertising and marketing $5,000 - $8,000
Care Giver Recruitment $1,500 - $3,000
Insurance $2,250 - $4,500
Licensure $1,500 – $8,000
Other Professional Fees $3,500 - $5,500
Additional Funds – 3 months after Licensure Date $20,000 - $40,000
Total $80,000 – $168,800

Franchise Disclosure Document

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Training

CareDiem provides a thorough and multi-faceted training program designed to prepare franchisees for the effective operation of their home health care business.

  1. Initial Training
    Franchisees, including at least one principal owner and the agency manager, must complete an initial training program to the franchisor’s satisfaction before opening. This training may be conducted individually or alongside other new franchisees and is led by experienced trainers. There is no fee for this training, but franchisees must cover their own travel and accommodation expenses.
  2. Agency Manager Certification
    Any newly hired agency manager must sign up for and complete a certification training within 14 to 30 days of employment. The fee for this training is $3,000, although this amount may be adjusted by the franchisor.
  3. Ongoing Training and Refresher Programs
    CareDiem requires up to three days of mandatory refresher training annually for franchisees, their owners, and managers. These programs can be held virtually or in-person at locations designated by the franchisor, with franchisees responsible for related costs. Additional support and training can also be requested at a rate of $500 per day plus trainer travel and lodging.

Territory Protection

CareDiem provides its franchisees with a protected territory to operate their franchised business, typically defined by ZIP codes and based on a minimum senior population of 30,000 residents aged 65 or older.

This territory is granted with the expectation that the franchisee will focus service efforts within the defined boundaries, and the franchisor agrees not to authorize another franchise or corporate operation using the same system within that territory, as long as the franchisee remains in compliance.

The size of the territory generally remains stable during the agreement term and can be expanded with additional fees if the franchisor approves. While CareDiem ensures initial territorial protection, there are stipulations regarding business activity outside the assigned area.

Number of units

2024
Franchised units

0

0

0

Company-owned units

1

1

1

Total units

1

1

1

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