What is the first Gross Receipts target a Caring Transitions franchisee must reach to qualify for a rebate?
Caring_Transitions Franchise · 2025 FDDAnswer from 2025 FDD Document
sarily coincide with a calendar year. For example, a Year may be the period from April 1, 2024 through March 31, 2025, or from July 1, 2024 through June 30, 2025.
- (c) The "Rebate Period" begins on the Commencement Date and ends on the day before the fifth anniversary of the Commencement Date.
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Source: Item 22 — CONTRACTS (FDD page 49)
What This Means (2025 FDD)
According to Caring Transitions' 2025 Franchise Disclosure Document, a franchisee can receive a rebate of $10,000 of the franchise fee if they attain at least $900,000 in cumulative Gross Receipts during the two-year period after the Commencement Date. The Commencement Date is defined as the first day of the first month following the month in which the franchisee completes the initial training program.
This rebate acts as an incentive for franchisees to develop their franchised business and territory. It is important to note that this is the first of several potential rebates, with increasing Gross Receipt targets required to qualify for additional rebates.
To be eligible for any rebates, the franchisee must strictly comply with all obligations under any agreement with Caring Transitions, including timely reporting of Gross Receipts and payments. They must also attend all national and regional conferences and required on-site training centers. Prior to each rebate, the franchisee must execute a general release in a form prescribed by Caring Transitions. Failure to meet these requirements or any default on agreements will nullify the rebate addendum.