table_specific

How many company-owned Caring Senior Service outlets were operating at the start of 2023?

Caring_Senior_Service Franchise · 2025 FDD

Answer from 2025 FDD Document

4

Outlet Type Year Outlets at the Start of the Year Outlets at the End of the Year Net Change
2022 49 51 +2
Franchised 2023 51 52 +1
2024 52

Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 48–53)

What This Means (2025 FDD)

According to Caring Senior Service's 2025 Franchise Disclosure Document, there were 5 company-owned outlets operating at the start of 2023. This information is based on the provided table outlining the status of company-owned outlets from 2022 to 2024. The table shows the number of company-owned outlets at the beginning and end of each year, as well as the net change in outlets during the year.

For a prospective franchisee, this indicates that Caring Senior Service primarily focuses on franchising as its method of expansion, with a relatively small number of company-owned locations. This could mean that the franchisor's revenue is generated primarily through franchise fees and royalties rather than direct sales from company-owned outlets. It also suggests that the franchisor may not be directly competing with its franchisees in most markets.

The limited number of company-owned outlets might also suggest that the franchisor relies on franchisees to innovate and test new strategies, as the company itself has fewer locations to experiment with. However, it is important to note that the FDD only provides data for the years 2022 to 2024, so the number of company-owned outlets may have been different in prior years.

Prospective franchisees should consider the implications of this business model and ask Caring Senior Service about the role and function of its company-owned outlets. Understanding the franchisor's strategy regarding company-owned versus franchised locations can provide valuable insight into the overall business plan and support system for franchisees.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.