What was the net change in the number of franchised Caring Senior Service outlets during 2024?

According to Caring Senior Service's 2025 Franchise Disclosure Document, the net change in the number of franchised outlets during 2024 was an increase of 5. At the start of 2024, there were 52 franchised outlets, and by the end of the year, this number had increased to 57. This indicates a positive growth trend for the franchise system.

For a prospective franchisee, this growth suggests that the Caring Senior Service business model is sustainable and expanding. A net increase in franchise locations can be a sign of a healthy franchise system, as it indicates that more franchisees are joining the system than are leaving. This can be reassuring for new franchisees who are considering investing in the brand.

It is important to note that while the net change provides a general overview, it does not reveal the complete picture. For example, it does not specify how many new franchises were opened versus how many closed or were terminated. A prospective franchisee should investigate further to understand the reasons behind any closures or terminations, as this could indicate potential issues with the franchise system. Reviewing Exhibit D of the FDD, which lists franchisees who have exited the system, would be a prudent step in this due diligence process.

Overall, the reported net increase of 5 franchised Caring Senior Service outlets in 2024 is a positive indicator. However, prospective franchisees should still conduct thorough research and seek clarification from the franchisor on any concerns they may have before making a final investment decision.