How many Caring Senior Service franchised outlets were operating at the start of 2023?
Caring_Senior_Service Franchise · 2025 FDDAnswer from 2025 FDD Document
| 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 | 57 | +5 | |
| G 0 1 | 2022 | 5 | 5 | 0 |
| Company-Owned | 2023 | 5 | 5 | 0 |
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 51 franchised outlets operating at the start of 2023. This number reflects the total number of Caring Senior Service franchise locations that were open and running as of January 1, 2023. This information is part of a broader table that tracks the number of franchised outlets over a three-year period.
For a prospective franchisee, this figure provides a snapshot of the size and growth of the Caring Senior Service franchise system. Knowing the number of outlets at the beginning of the year, along with the net change throughout the year, can help in understanding the stability and expansion rate of the franchise. It's also useful to compare these figures with those of other franchise systems to gauge Caring Senior Service's relative performance in the market.
The FDD also indicates that the number of franchised outlets increased by one during 2023, ending the year with 52 locations. This suggests a modest growth rate for that particular year. Reviewing these historical trends allows potential franchisees to assess the brand's growth trajectory and make informed decisions about their investment. It is important to note that past performance does not guarantee future results, but it can offer valuable insights into the franchise's potential.
In addition to the franchised outlets, Caring Senior Service also operates company-owned outlets. In 2023, there were 5 company-owned outlets, which remained constant throughout the year. Understanding the mix of franchised and company-owned locations can provide further insight into the company's overall business strategy and its commitment to the franchise model.