What was the average gross receipts for all Caring Transitions franchises for the year ending 12/31/2021?
Caring_Transitions Franchise · 2025 FDDAnswer from 2025 FDD Document
| Provision | Section in Franchise Agreement | Summary |
|---|---|---|
| u. Dispute resolution by arbitration or mediation | 16.2 | Except for certain claims, all disputes must be arbitrated in Hamilton County, Ohio (subject to state law); claims may not be consolidated with claims of other franchisees; parties waive right to jury trial and punitive damages; except for certain claims, all claims must be brought within 1 year, subject to state law. |
| v. Choice of forum | 18.4 | Except for claims arising under a franchise law of the state where the franchised business is located, all litigation or arbitration must be in Hamilton County, Ohio, subject to state law. |
| w. Choice of law | 18.3 | Except for claims arising under a franchise law of the state where the franchised business is located, Ohio law applies, subject to state law. |
| Year Ending | Year Ending | |
| 12/31/2021 | 12/31/2022 | |
| Average Gross Receipts | $606,166.45 | $633,235.64 |
| Median Gross Receipts | $521,607.16 | $509,928.49 |
| Highest Gross Receipts | $2,571,645.75 | $2,714,401.00 |
| Lowest Gross Receipts | $395,912.76 | $390,847.70 |
| Percentage of franchisees that | 30% | 30% |
| attained or surpassed Average | ||
| Gross Receipts | ||
| Average Gross Profit % | 63% | 62% |
| Highest Gross Profit % | 97% | 96% |
| Median Gross Profit % | 64% | 62% |
| Lowest Gross Profit % | 27% | 17% |
| Percentage of franchisees that | 52% | 49% |
| attained or surpassed Average | ||
| Gross Profit % | ||
| # of Franchises | 46 | 53 |
| Year Ending | Year Ending | |
| 12/31/2021 | 12/31/2022 | |
| Average Gross Receipts | $306,361.73 | $311,961.78 |
| Median Range of Gross | $302,264,16 | $315,602.98 |
| Receipts | ||
| Highest Gross Receipts | $395,420.54 | $382,465.66 |
| Lowest Gross Receipts | $218,375.26 | $225,868.00 |
| Percentage of franchisees that | 48% | 49% |
| attained or surpassed Average | ||
| Gross Receipts | ||
| Average Gross Profit % | 56% | 54% |
| Highest Gross Profit % | 100% | 100% |
| Median Gross Profit % | 56% | 57% |
| Lowest Gross Profit % | 15% | 5% |
| Percentage of franchisees that | 52% | 55% |
| attained or surpassed Average | ||
| Gross Profit % | ||
| # of Franchises | 46 | 53 |
| Year Ending | Year Ending | |
| 12/31/2021 | 12/31/2022 | |
| Average Gross Receipts | $153,447.00 | $145,821.74 |
| Median Gross Receipts | $155,067.05 | $147,175.33 |
| Highest Gross Receipts | $216,496.79 | $224,946.96 |
| Lowest Gross Receipts | $101,500.89 | $93,847.00 |
| Percentage of franchisees that | 51% | 58% |
| attained or surpassed Average | ||
| Gross Receipts | ||
| Average Gross Profit % | 59% | 57% |
| Highest Gross Profit % | 100% | 100% |
| Median Gross Profit % | 58% | 78% |
| Lowest Gross Profit % | 2% | 59% |
| Percentage of franchisees that | 45% | 58% |
| attained or surpassed Average | ||
| Gross Profit % | ||
| # of Franchises | 47 | 52 |
| Year Ending | Year Ending | |
| 12/31/2021 | 12/31/2022 | |
| Average Gross Receipts | $56,216.58 | $61,074.36 |
| Median Gross Receipts | $54,760.85 | $63,904.61 |
| Highest Gross Receipts | $101,313.26 | $93,099.46 |
| Lowest Gross Receipts | $14,199.28 | $13,235.16 |
| Percentage of franchisees that | 45% | 56% |
| attained or surpassed Average | ||
| Gross Receipts | ||
| Average Gross Profit % | 65% | 42% |
| Highest Gross Profit % | 100% | 58% |
| Median Gross Profit % | 66% | 47% |
| Lowest Gross Profit % | 6% | 3% |
| Percentage of franchisees that | 51% | 83% |
| attained or surpassed Average | ||
| Gross Profit % | ||
| # of Franchises | 47 | 52 |
| Year Ending | Year Ending | |
| 12/31/2021 | 12/31/2022 | |
| Average Gross Receipts | $278,658.52 | $290,853.97 |
| Median Gross Receipts | $216,496.79 | $225,868.00 |
| Highest Gross Receipts | $2,571,645.75 | $2,714,401.00 |
| Lowest Gross Receipts | $14,199.28 | $13,235.16 |
| Number of franchises that | 81 | 88 |
| attained or surpassed Average | ||
| Gross Receipts | ||
| Percentage of franchises that | 44% | 42% |
| attained or surpassed Average | ||
| Gross Receipts | ||
| Highest Gross Profit % | 100% | 100% |
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 36–41)
What This Means (2025 FDD)
According to Caring Transitions's 2025 Franchise Disclosure Document, the average gross receipts for all Caring Transitions franchises for the year ending December 31, 2021, was $606,166.45. The median gross receipts for the same period was $521,607.16. The highest gross receipts reported were $2,571,645.75, while the lowest were $395,912.76. It is important to note that 30% of franchisees attained or surpassed the average gross receipts during this period.
These figures provide a general overview of the financial performance of Caring Transitions franchises during 2021. However, prospective franchisees should recognize that these are averages and individual results may vary significantly. Factors such as location, market conditions, and the franchisee's management skills can influence actual performance. The FDD also indicates that these figures are based on financial reports submitted by franchisees, which have not been audited or independently verified by Caring Transitions.
Additionally, the Item 19 table breaks down the average gross receipts for the year ending 12/31/2021 by quartile. The average gross receipts for the first quartile was $306,361.73, for the second quartile was $153,447.00, for the third quartile was $56,216.58, and cumulatively the average gross receipts was $278,658.52. These figures are based on 46, 47, 47, and 81 franchises respectively.
Prospective franchisees should carefully review the entire Item 19 and consult with a financial advisor to understand the potential financial performance of a Caring Transitions franchise. They should also inquire about the factors that contribute to the success of top-performing franchises and the support that Caring Transitions provides to help franchisees achieve their financial goals.