Seniors Blue Book franchise unit economics
Seniors Blue Book franchisees run home-based publishing businesses that sell advertising in a printed senior resource guide, in other formats and on the system website.
Seniors Blue Book franchise at a glance
The FDD issued on January 28, 2026 reports revenue, printing, graphics and distribution costs for 2023 to 2025 at 18 locations: 7 owned by an affiliate and 11 franchised. It does not report profit.
The 11 franchised Seniors Blue Book locations in Item 19 averaged $179,854* of revenue in 2025, with a median of $186,870*, according to Item 19 of Seniors Blue Book’s 2026 FDD, issued 28 January 2026. Fees paid to Seniors Blue Book come to about 7.2%* of sales. A Seniors Blue Book franchise costs $77,614 to $165,116 to open.
- A Seniors Blue Book franchise costs $77,614 to $165,116 to open, including a $50,000 to $80,000 initial fee set by the number of people aged 65 or older in the territory.
- Seniors Blue Book charges a royalty of 6% of Gross Revenues and a technology fee of $138 to $243 per user per month; the national fund is not charged at present.
- Franchised 2025 revenue ran from $0 at Boston, which published no guide that year, to $314,040 at Boise.
- Printing, graphics and distribution took 33.1%* of franchised revenue in 2025, leaving a gross margin of 66.9%* before the royalty.
- The 7 affiliate locations, all in Colorado and open since 2005, kept a gross margin of 74.3%* in 2025 and pay no royalty.
- Seniors Blue Book had 12 franchised and 7 affiliate-owned outlets at September 30, 2025, down from 14 and 8 at the start of fiscal 2023.
These figures come from Seniors Blue Book's 2026 Franchise Disclosure Document, as the brand reported them, and were read by Averan Advisors. The franchised average ($179,854), median ($186,870), production share (33.1%) and gross margins (66.9%, 74.3%) are Averan calculations from the Item 19 location tables.
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Talk to Averan → Averan Seniors Blue Book Conversion Package →- Item 19 covers 18 locations: 7 affiliate and 11 franchised. Each location is shown for 2023, 2024 and 2025 with its market size in senior households, its number of guides a year and the year it began. Locations open less than a year, and locations that closed or were terminated in 2025, are left out.
- The 11 franchised locations averaged $179,854* of revenue in 2025. The median was $186,870* and 6 of 11* were above the average. Leaving out Boston, which published no guide in 2025, the other 10 averaged $197,840*.
- Printing, graphics and distribution took 33.1%* of franchised revenue in 2025. Printing alone was 22.5%*. Among franchised locations, printing ran from 9.70% of revenue at Mississippi to 38.00% at Southeastern Pennsylvania.
- Seven locations share the 200,000 to 250,000 senior-household band, and their 2025 revenue ran from $0 to $419,903. Two are affiliate locations in Denver; five are franchised. Boise, in the 50,000 to 100,000 band, reported $314,040.
- Affiliate revenue fell 9.4%* from 2023 to 2025, while franchised revenue rose 18.1%*. The 7 affiliate locations went from $1,587,189* to $1,438,054*; the 11 franchised locations went from $1,674,872* to $1,978,399*.
Revenue
How much does a Seniors Blue Book franchise make?
| Location | Senior households 65+ | Guides a year | Began | 2025 revenue | Gross margin |
|---|---|---|---|---|---|
| Boise, ID | 50,000–100,000 | 1 | 2013 | $314,040 | 64.70% |
| Pittsburgh | 200,000–250,000 | 1 | 2018 | $310,310 | 72.90% |
| Kansas City | 200,000–250,000 | 1 | 2015 | $265,450 | 81.40% |
| Mississippi | 100,000–150,000 | 2 | 2022 | $223,000 | 71.60% |
| Alabama Gulf Coast | 50,000–100,000 | 2 | 2018 | $204,300 | 73.50% |
| Twin Cities | 200,000–250,000 | 2 | 2018 | $186,870 | 64.00% |
| Southeastern Pennsylvania | 100,000–150,000 | 2 | 2015 | $177,308 | 51.80% |
| Utah | 150,000–200,000 | 2 | 2023 | $153,120 | 60.90% |
| Dallas | 200,000–250,000 | 1 | 2016 | $88,540 | 41.30% |
| Connecticut, Southern | 150,000–200,000 | 2 | 2015 | $55,461 | 48.20% |
| Boston | 200,000–250,000 | 2 | 2017 | $0 | No guide published |
| Average, 11 franchised | $179,854* | 66.9%* |
Source: Item 19, pages 42 to 46. Gross margin is revenue less printing, graphics and distribution/direct mail, before the 6% royalty and all other costs. Franchised figures were reported by franchisees and are unaudited.
The 11 franchised locations reported $1,978,399* of revenue in 2025, an average of $179,854*. The median was $186,870*, at Twin Cities. Item 19 prints each location’s figures; it does not print an average or a median.
Boston reported $0 for 2023 and 2025. The FDD says it did not publish a guide in either year; it reported $102,215 in 2024. Without Boston, the other 10 franchised locations averaged $197,840* in 2025.
Item 19 does not report profit. The FDD states that the figures do not include the royalty or the other costs a franchisee must deduct to reach net income. The franchisee pays the 6% royalty, the technology fee and its other operating costs out of the gross margin.
New franchisees must publish two guides a year. Item 19 lists 7 of the 11 franchised locations as publishing two guides a year and 4 as publishing one.
Affiliate and franchised
Affiliate and franchised locations, 2023 to 2025
| Measure | Affiliate 2023 | Affiliate 2024 | Affiliate 2025 | Franchised 2023 | Franchised 2024 | Franchised 2025 |
|---|---|---|---|---|---|---|
| Locations | 7 | 7 | 7 | 11 | 11 | 11 |
| Total revenue | $1,587,189* | $1,532,953* | $1,438,054* | $1,674,872* | $2,031,983* | $1,978,399* |
| Average a location | $226,741* | $218,993* | $205,436* | $152,261* | $184,726* | $179,854* |
| Printing, % of revenue | 17.4%* | 16.9%* | 16.8%* | 26.6%* | 22.8%* | 22.5%* |
| Gross margin, % of revenue | 74.7%* | 74.4%* | 74.3%* | 61.6%* | 66.5%* | 66.9%* |
Averan totals from Item 19, pages 39 to 46. The franchised 2023 figures include Boston and Utah at $0; the 2024 figures include Connecticut, Southern at $0.
The 7 affiliate locations are all in Colorado and all began in 2005. Their figures come from the affiliate’s internal records. They pay no royalty and no national fund contribution.
Item 19 shows each affiliate location with a 6% royalty deducted for illustration. On the group totals, that takes the 2025 affiliate gross margin from 74.3%* to 68.3%*, compared with 66.9%* for the franchised group before its royalty.
Franchised gross margin rose from 61.6%* in 2023 to 66.9%* in 2025. Over the same years franchised printing fell from 26.6%* to 22.5%* of revenue.
Spread by location
Revenue and production costs by location, 2025
| Location | Type | 2025 revenue | Printing | Graphics | Distribution | Gross margin |
|---|---|---|---|---|---|---|
| South Denver | Affiliate | $419,903 | 11.50% | 1.50% | 1.80% | 85.10% |
| North Denver | Affiliate | $352,593 | 12.00% | 1.70% | 3.40% | 82.90% |
| Boise, ID | Franchised | $314,040 | 25.20% | 1.80% | 8.30% | 64.70% |
| Pittsburgh | Franchised | $310,310 | 23.50% | 1.90% | 1.75% | 72.90% |
| Kansas City | Franchised | $265,450 | 11.40% | 2.20% | 5.10% | 81.40% |
| Mississippi | Franchised | $223,000 | 9.70% | 3.20% | 15.50% | 71.60% |
| Alabama Gulf Coast | Franchised | $204,300 | 19.20% | 4.20% | 3.20% | 73.50% |
| Northern Colorado | Affiliate | $202,679 | 19.30% | 2.60% | 7.50% | 70.60% |
| Twin Cities | Franchised | $186,870 | 27.20% | 3.10% | 5.70% | 64.00% |
| Southeastern Pennsylvania | Franchised | $177,308 | 38.00% | 6.60% | 3.60% | 51.80% |
| Colorado Springs | Affiliate | $170,970 | 25.00% | 3.00% | 9.60% | 62.50% |
| Utah | Franchised | $153,120 | 25.50% | 4.00% | 9.70% | 60.90% |
| Boulder, CO | Affiliate | $130,257 | 17.20% | 3.00% | 11.60% | 68.20% |
| Western Slope, CO | Affiliate | $101,027 | 28.50% | 4.30% | 15.40% | 56.00% |
| Dallas | Franchised | $88,540 | 29.10% | 2.50% | 27.10% | 41.30% |
| Southern Colorado | Affiliate | $60,625 | 35.50% | 6.30% | 20.70% | 37.60% |
| Connecticut, Southern | Franchised | $55,461 | 34.70% | 8.90% | 8.20% | 48.20% |
| Boston | Franchised | $0 | No guide published |
Source: Item 19, pages 39 to 46. Costs are shown as the FDD prints them, as a percentage of each location’s gross revenue.
Item 19 does not group locations into quartiles or bands by revenue. It groups them by the number of senior households aged 65 and over in each market, and lists each location separately.
In the 200,000 to 250,000 household band, the seven locations reported $0, $88,540, $186,870, $265,450, $310,310, $352,593 and $419,903. Boise, in the 50,000 to 100,000 band, reported $314,040. Item 19 does not give a reason for the differences.
Printing ranged from 9.70% of revenue at Mississippi to 38.00% at Southeastern Pennsylvania. Distribution and direct mail ranged from 1.50% at South Denver to 27.10% at Dallas, where it cost $24,013 on $88,540 of revenue.
Item 19 sizes markets in households; Item 5 prices territories in individuals. The two cannot be matched to each other from the FDD.
Brand charges
Brand charges
| Charge | Terms | A year at $179,854* |
|---|---|---|
| Royalty | 6% of Gross Revenues, due within 30 days after each Guide is printed; waived on the first Guide | $10,791* |
| Technology fee | $138 to $243 per user per month; may rise to $238 to $343 on 30 days’ notice | $1,656*–$2,916* for one user |
| Convention fee | $500 per person, due whether or not you attend | $500 |
| National fund | Not charged now; reserved at a minimum of about $100 a month plus 1% of Gross Revenues, which may rise to 2% | Not charged |
| Commission on system website ad sales | 20% of the sale price, may rise to 40% | Website sales are outside Gross Revenues |
| Local advertising | Not required | None |
| Total to the brand | 6% plus $2,156*–$3,416* a year | $12,947*–$14,207*, or 7.2%*–7.9%* of revenue |
Source: Item 6, pages 11 to 15, and Item 11, pages 24 and 25. Technology fee shown for one user; the range depends on the services chosen.
The royalty is 6% of Gross Revenues, paid within 30 days after each guide is printed. The royalty is waived on advertising sold for the first guide. There is no minimum royalty.
The national fund is not charged at present. The FDD reserves a contribution of a monthly minimum estimated at $100 plus 1% of Gross Revenues, which may rise to 2% on 30 days’ written notice. No contributions were collected in the fiscal year ended September 30, 2025.
If a required guide is not published in any 14-month period, the franchisor may charge a Missed Guide Fee or terminate the agreement. The fee equals the royalty paid on the last published guide.
Advertising sold on the system website carries a commission to the franchisor. Item 6 sets it at 20% of the sale price with a right to raise it to 40%; Item 12 states a 40% commission. On national and corporate accounts the franchisor collects and pays the franchisee a 14% commission on the part published in that franchisee’s guide.
Other charges include a $12,000 successor fee and a $10,000 transfer fee ($5,000 to an existing franchisee), plus training at about $1,000 per attendee per day beyond the initial program.
Cost to open
Cost to open
| Item | Low | High |
|---|---|---|
| Initial franchise fee | $50,000 | $80,000 |
| Printing, first edition | $15,000 | $40,000 |
| Graphics, first edition | $5,000 | $10,000 |
| Printing and graphics, prototype guide | $4,000 | $5,500 |
| Distribution and mailing, first edition | $1,000 | $10,000 |
| Marketing materials | $1,000 | $5,000 |
| Computer equipment | $0 | $3,000 |
| Business licenses and permits | $250 | $1,500 |
| Professional fees | $0 | $1,000 |
| Insurance | $450 | $900 |
| Training expenses | $0 | $4,000 |
| Additional funds, 3 to 6 months | $914 | $4,216 |
| Total | $77,614 | $165,116 |
Source: Item 7, pages 15 to 18. The estimate assumes a home office and an existing vehicle, and excludes premises.
The initial franchise fee is $50,000 to $80,000, set by the number of individuals aged 65 or older in the territory. It is $50,000 for about 10,000 to 100,000, $60,000 for 100,001 to 200,000, $70,000 for 200,001 to 300,000 and $80,000 for 300,001 to 500,000. Each additional business is 25% off the then-current fee.
Producing the prototype guide and first edition accounts for $25,000* to $65,500* of the estimate. That is the printing, graphics and distribution lines added together.
Additional funds of $914 to $4,216 cover three to six months. Item 7 says the figure assumes no sales offset expenses in that period, excludes any owner draw and the royalty, and that the franchisor does not expect a franchisee to hire employees in the first three years.
Opening typically takes 60 to 90 days from signing. Failing to open within six months is a material breach of the franchise agreement.
Locations
Locations, 2023 to 2025
| Year | Franchised at start | Added | Terminated | Non-renewed | Reacquired | Ceased, other | Franchised at end | Affiliate at end | Total at end |
|---|---|---|---|---|---|---|---|---|---|
| 2023 | 14 | 0 | 0 | 0 | 0 | 0 | 14 | 8 | 22 |
| 2024 | 14 | 0 | 0 | 0 | 0 | 2 | 12 | 8 | 20 |
| 2025 | 12 | 2 | 1 | 0 | 0 | 1 | 12 | 7 | 19 |
Source: Item 20, pages 48 to 51. Year-end counts are at September 30.
Seniors Blue Book had 19 outlets at September 30, 2025: 12 franchised and 7 owned by an affiliate. Three years earlier it had 22.
Two Illinois franchised outlets ceased operating in 2024. Item 20 also records two transfers of Illinois outlets to new owners in 2023.
In 2025 one Florida outlet was terminated, one New Jersey outlet opened, and a Nebraska affiliate location was sold to a franchisee and closed the same year. Item 20 projects one new affiliate-owned outlet in Nebraska in the next fiscal year and no new franchised outlets.
Item 1 also describes three licensees run by family members of the franchisor’s principal. They pay royalties but no initial fee or other ongoing fees.
Questions we get asked
Questions owners ask
How much does it cost to open a Seniors Blue Book franchise?
Item 7 estimates $77,614 to $165,116. That includes the $50,000 to $80,000 initial franchise fee and $25,000* to $65,500* for printing, graphics and distribution of the prototype guide and first edition. It assumes a home office.
What fees does Seniors Blue Book charge?
A royalty of 6% of Gross Revenues, waived on the first guide, and a technology fee of $138 to $243 per user per month. There is a $500 convention fee per person each year. The national fund is not charged at present but may be set at 1% of Gross Revenues plus a monthly minimum, rising to 2%.
How much revenue does a Seniors Blue Book franchise make?
The 11 franchised locations in Item 19 averaged $179,854* in 2025, with a median of $186,870*. Revenue ran from $0 at Boston, which published no guide that year, to $314,040 at Boise.
What does it cost to produce the guide?
For the franchised group in 2025, printing, graphics and distribution took 33.1%* of revenue, leaving a gross margin of 66.9%* before the royalty. Printing alone ran from 9.70% of revenue at Mississippi to 38.00% at Southeastern Pennsylvania.
How do the affiliate locations compare with franchised ones?
The 7 affiliate locations, all in Colorado since 2005, averaged $205,436* of revenue and a 74.3%* gross margin in 2025. They pay no royalty. Their revenue fell 9.4%* from 2023, while franchised revenue rose 18.1%*.
How many Seniors Blue Book locations are there?
At September 30, 2025 there were 19: 12 franchised and 7 affiliate-owned. There were 22 at the start of fiscal 2023.
Questions worth putting to Seniors Blue Book
These are questions the filing leaves open. An owner or a buyer can put them to the franchisor directly.
- Is the revenue in Item 19 gross sales or collected revenue, and how many locations sit below the average?
- Which factors does Seniors Blue Book see in its highest-selling locations, such as territory, years open and staffing?
- How long does a new location take to reach the average you publish, and what does the build-up look like month by month?
- At what level of sales do the minimum charges stop applying and the percentage take over?
- How many Seniors Blue Book locations closed, were sold, or changed hands last year, and why?
Run your own numbers.
The Franchise Numbers Check runs the same checks on your own numbers. It scores where you stand and compares you with Item 19 of your brand’s FDD. It works out what one location earns and spends, and builds a 13-week cash forecast. It also checks whether you are ready to open another one. It is free and it runs in your browser.
Launch the diagnostic →Reporting for a Seniors Blue Book owner
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Questions owners ask next
The figures above raise these, and each one is answered on its own page.
- At what level of sales does a minimum fee stop costing me more than the percentage?It works out the sales level where a minimum fee stops applying.
- How much cash do I fund before a new location covers its own costs?It builds a 13-week forecast for the months before break-even.
- What does this location earn on the money I put into it?It works out the payback period and cash-on-cash return for one unit.
- How much of Item 19 can I rely on?It explains what an Item 19 financial performance representation tells you and what it leaves out.
Where these figures come from
Every figure here comes from Seniors Blue Book Franchising LLC’s 2026 FDD and is unaudited by us. We are unaffiliated with the brand. Calculations of our own are labeled where they appear. The figures describe past performance at other businesses and are not a projection of yours. This page is an educational summary. It is not an offer to sell a franchise, and it is not financial, legal or tax advice. Seniors Blue Book is a trademark of its owner. How Averan reads a Franchise Disclosure Document.
These figures come from the brand's disclosure. They are not a forecast, an offer to sell a franchise or advice. Source: Seniors Blue Book Franchising LLC, 2026 Franchise Disclosure Document, issued 28 January 2026.