Jovie
Jovie offers nanny placement and babysitting services through franchised businesses. Known for connecting families with caregivers, Jovie operates in the childcare services industry.
Jovie franchise FAQ
How much does it cost to open one — the total initial investment?
The total initial investment necessary to begin operation of a Jovie ™ business ranges from $129,649 to $204,899. This includes the mandatory $49,999 initial franchise fee that must be paid upon signing the Franchise Agreement. [p.1]
What is the initial franchise fee?
The standard initial franchise fee is $49,999 [p.12]. This amount is fully earned by the company upon signing the Franchise Agreement and is not refundable [p.12].
What are the ongoing royalty and advertising fees?
The ongoing royalty fee is 5% of gross revenues from the franchised business, with a minimum monthly payment of $800 starting 18 months after the effective date of the franchise agreement. Additionally, there is an advertising fund contribution of 2% of gross revenues, which is used for marketing and related activities as determined by the company [p.62].
How long is the initial franchise agreement, and can I renew it?
The initial term of the franchise agreement is typically ten years [p.76]. You have the option to enter into a new franchise agreement for one additional successor term of ten years upon expiration of the initial term, provided you comply with certain conditions [p.76].
Can I sell or transfer my franchise, and what does that require?
You can sell or transfer your franchise, but you must first offer it to the franchisor in writing. The written notice should include all material terms and conditions of the proposed sale or transfer. Upon receiving this notice, the franchisor will respond within ten business days either by waiving its right of first refusal or stating an interest in negotiating to purchase according to the proposed terms [p.95]. If the franchisor does not waive its right, you may only sell to a third party if the franchisor agrees to purchase your franchise under those terms [p.94].
On what grounds can the franchisor terminate the agreement?
The franchisor can terminate the agreement if there is voluntary abandonment by the franchisee [p.141], the franchisee is convicted of an offense directly related to the business conducted according to the Franchise Agreement [p.141], or if the franchisee fails to cure a default that materially impairs the goodwill associated with the franchisor's trade name, trademark, service mark, logo type, or other commercial symbol after receiving written notice and a reasonable opportunity to cure [p.5].
What financial requirements — net worth and liquid capital — do I need to qualify?
This isn't specified in the excerpts. The FDD does not provide specific details about net worth or liquid capital requirements for franchise qualification.
Do I get an exclusive or protected territory?
You receive a protected territory but not an exclusive one [p.31]. This means that while another Jovie business will not be established in your territory, you may face competition from other franchisees, company-owned outlets, or other channels of distribution controlled by the franchisor [p.31].
What training and ongoing support does the franchisor provide?
The franchisor provides a series of virtual and in-person training programs, including initial and manager training. The initial training program must be completed before opening the business and includes classroom sessions at their support center in Westminster, Colorado, as well as virtual components [p.82]. Ongoing support includes manager training for key managers within 6 months of hire, with a fee not exceeding $1,500 per manager [p.15].
How many franchised outlets are there, and how many have closed or been terminated?
As of December 31, 2025, there were 17 franchised outlets open and operating [p.39]. A total of 18 company-owned territories existed at the end of 2025, but these are excluded from the count in Item 19 [p.39]. For closed locations, a total of 11 + 8 + 3 = 22 franchise outlets were closed during 2025, 2024, and 2023 respectively [p.65].
Does the franchisor share any financial performance or earnings information?
The franchisor can provide financial performance information if there is a reasonable basis for it and it is included in the disclosure document [p.39]. However, other than the financial performance representation specified in Item 19, the franchisor does not make any financial performance representations, nor do they authorize their employees or representatives to make such representations [p.42].
What am I restricted to selling, and where must I buy supplies?
You are required to purchase for use or sale at your Business those products and services used in or sold by your Business and other services or products designated by the franchisor from them, their designees, or from other suppliers approved by the franchisor. This includes items like signage, furniture, fixtures, accounting software, and more [p.18]. Additionally, you must buy or lease computer hardware and software and fixtures that meet the franchisor's specifications, currently requiring Microsoft Office 365 for email and QuickBooks Online as your accounting system [p.18].