How many Caring Senior Service franchises were transferred in Arizona during 2023?
Caring_Senior_Service Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| 2022 | 0 | |
| Arizona | 2023 | 2 |
| 2024 | 0 | |
| 2022 | 0 | |
| Colorado | 2023 | 1 |
| 2024 | 0 | |
| 2022 | 0 | |
| Georgia | 2023 | 2 |
| 2024 | 0 | |
| 2022 | 1 | |
| Nebraska | 2023 | 0 |
| 2024 | 0 | |
| 2022 | 0 | |
| Ohio | 2023 | 1 |
| 2024 | 0 | |
| 2022 | 1 | |
| Tennessee | 2023 | 0 |
| 2024 | 1 | |
| 2022 | 2 | |
| Texas | 2023 | 0 |
| 2024 | 0 | |
| 2022 | 0 | |
| Utah | 2023 | 1 |
| 2024 | 0 | |
| 2022 | 0 | |
| Wisconsin | 2023 | 1 |
| 2024 | 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 two franchise transfers in Arizona during 2023. This indicates the number of existing Caring Senior Service franchises in Arizona that were sold to new owners during that year. Franchise transfers can occur for various reasons, such as the original franchisee retiring, selling the business, or facing personal circumstances that necessitate a change in ownership.
For a prospective franchisee, the number of transfers can provide insights into the stability and desirability of owning a Caring Senior Service franchise in a specific area. A higher number of transfers might suggest a more active market for franchise resales, while a lower number could indicate greater franchisee satisfaction and longevity. However, it is important to investigate the reasons behind any transfers to fully understand the implications.
It is also worth noting that the FDD includes data on franchise transfers for other states as well. For example, in 2023, Colorado and Ohio each had one transfer, while Georgia had two. Examining these figures across different states can help a potential franchisee identify trends and assess the overall health of the Caring Senior Service franchise system. This information is valuable for making an informed decision about investing in a Caring Senior Service franchise.