How long can I reserve a specific Caring Transitions territory for after paying the deposit?
Caring_Transitions Franchise · 2025 FDDAnswer from 2025 FDD Document
You can reserve a specific territory for up to 30 days by paying a $5,000 deposit and sending us a Remittance Form. The deposit is fully earned and non-refundable upon our receipt, in consideration of our reservation and removal from the market of your territory for 30 days, and will be applied toward your initial franchise fee. The required deposit to reserve a second territory is $10,
Source: Item 5 — INITIAL FEES (FDD pages 12–13)
What This Means (2025 FDD)
According to Caring Transitions's 2025 Franchise Disclosure Document, a prospective franchisee can reserve a specific territory for a period of 30 days. This reservation is secured by paying a deposit of $5,000 and submitting a Remittance Form.
The $5,000 deposit is considered fully earned and non-refundable by Caring Transitions upon receipt. This fee compensates Caring Transitions for removing the reserved territory from the market for 30 days, preventing others from establishing a franchise in that area during the reservation period. The deposit will be then applied towards the initial franchise fee, reducing the overall cost of starting the franchise.
It is important to note that the deposit becomes non-refundable immediately upon receipt by Caring Transitions. Therefore, prospective franchisees should conduct thorough due diligence and be confident in their decision before paying the deposit and reserving the territory. Reserving a second territory requires a $10,000 deposit.