What was the net change in the number of Caring Senior Service company-owned outlets during 2023?
Caring_Senior_Service Franchise · 2025 FDDAnswer from 2025 FDD Document
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| 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, the net change in the number of company-owned outlets during 2023 was 0. The number of company-owned Caring Senior Service outlets remained constant throughout the year. There were 5 company-owned outlets at the start of 2023 and 5 at the end of 2023.
For a prospective franchisee, this indicates that Caring Senior Service did not expand or contract its company-owned operations during that year. This could suggest a strategic decision to focus on franchise growth rather than corporate expansion, or it could reflect a stable company-owned business model.
It's important to note that while the number of company-owned outlets remained the same, this doesn't necessarily reflect the overall performance or profitability of those outlets. A potential franchisee should inquire about the performance metrics of company-owned stores to gain a better understanding of their contribution to the Caring Senior Service system.