CareDiem Franchise FDD, Profits & Costs (2025)
CareDiem Home Care is a non-medical in-home care franchise dedicated to providing customized assistance to seniors and individuals who require daily living support. The business originated in 2013 under the name At Your Service HomeCare in Palatine, Illinois, before later adopting the CareDiem name under the direction of Grishma Patel and Danielle Rajoo.
Based in Palatine, Illinois, CareDiem Franchising, LLC was established in 2024 to expand the brand through franchising. The company’s services cover a broad range of personal care solutions, such as companion and live-in care, dementia and respite support, and sitter services.
CareDiem’s service options include hourly care, live-in programs, customized packages, and fully tailored plans designed to meet each client’s needs. The franchise initiative launched in 2024, giving entrepreneurs an opportunity to start their own home-based care ventures.
The brand differentiates itself through its CLIENT-DRIVEN C.A.R.E. philosophy, built on four key principles: Commitment, Accountability, Respect, and Empathy. With a focus on client autonomy, thorough caregiver vetting, and technology-enabled scheduling, CareDiem strives to deliver dependable and compassionate in-home care.
Initial Investment
How much does it cost to start a CareDiem franchise? It costs on average between $80,000 – $169,000 to start a CareDiem franchised facility.
This includes expenses related to office setup, caregiver equipment, initial supplies, and early operational costs. The total investment varies based on several factors, such as the size of the service area, local market conditions, and whether the franchisee operates from a home-based office or leases a commercial space.
| 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 |
| Caregiver 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 |
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Frequently Asked Questions
How many CareDiem locations are there?
As of the latest available data, the CareDiem system has 1 company-owned location and 0 franchise-owned units.
What is the total investment required to open a CareDiem franchise?
The total investment required to open a CareDiem franchise ranges from $80,000 to $169,000.
What are the ongoing fees for a CareDiem franchise?
The ongoing royalty fee for a CareDiem Home Care franchise is 5% of gross revenues. Franchisees also contribute to a marketing fund, starting at 1% of gross revenues in the second year, which may increase up to 3% thereafter.
Who owns CareDiem?
The franchise is owned by CareDiem Franchising, LLC, which is based in Palatine, Illinois, and operated under the leadership of Grishma Patel and Danielle Rajoo.
Disclaimer
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