How many Caring Transitions franchisees attained or surpassed the average gross receipts?
Caring_Transitions Franchise · 2025 FDDAnswer from 2025 FDD Document
| First Quartile of Franchise Owners | Year Ending 12/31/2024 |
|---|---|
| Average Gross Receipts | $880,330.32 |
| Median Gross Receipts | $685,019.00 |
| Highest Gross Receipts | $2,936,858.88 |
| Lowest Gross Receipts | $467,707.84 |
| Percentage of franchisees that | 47% |
| attained or surpassed Average | |
| Gross Receipts | |
| Average Gross Profit % | 63% |
| Highest Gross Profit % | 90% |
| Median Gross Profit % | 65% |
| Lowest Gross Profit % | 14% |
| Percentage of franchisees that | 50% |
| attained or surpassed Average | |
| Gross Profit % | |
| # of Franchises | 51 |
| 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 | | 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 | | attained or surpassed Average | | | | Gross Profit % | | | | # of Franchises | 46 | 53 |
| 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 | | 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 | | attained or surpassed Average | | | | Gross Profit % | | | | # of Franchises | 46 | 53 |
| 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 | | 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 | | attained or surpassed Average | | | | Gross Profit % | | | | # of Franchises | 47 | 52 |
| 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 | | 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 | | attained or surpassed Average | | | | Gross Profit % | | | | # of Franchises | 47 | 52 |
| 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 | | attained or surpassed Average | | | | Gross Receipts | | | | Percentage of franchises that | | attained or surpassed Average | | | | Gross Receipts | | | | Highest Gross Profit % | 100% | 100% |
| Average Gross Receipts | $362,447.98 | | Median Gross Receipts | $240,434.89 | | Highest Gross Receipts | $2,936,858.88 | | Lowest Gross Receipts | $2,400.00 | | Number of franchisees that | | attained or surpassed Average | | | Gross Receipts | | | Percentage of franchises that | 35% | | attained or surpassed Average | | | Gross Receipts |
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 36–41)
What This Means (2025 FDD)
According to Caring Transitions' 2025 Franchise Disclosure Document, for the year ending December 31, 2024, 47% of franchisees in the first quartile attained or surpassed the average gross receipts of $880,330.32. This data is based on 51 franchises. Cumulatively, considering all franchise owners, 35% attained or surpassed the average gross receipts of $362,447.98, based on 204 franchise owners.
This information is crucial for potential franchisees as it provides insight into the financial performance of existing Caring Transitions franchises. The fact that less than half of the franchisees in the first quartile surpassed the average gross receipts suggests that achieving the average is not guaranteed and may require strong performance. The cumulative data, which includes all franchise owners, shows an even lower percentage surpassing the average, indicating a wider range of performance across the entire franchise system.
Prospective franchisees should consider these figures as estimates and understand that their individual results may vary. Factors such as location, market conditions, management skills, and local competition can significantly impact financial performance. It is also important to note that the financial reports submitted by franchisees were not audited or independently verified by Caring Transitions.
Therefore, it is advisable for potential franchisees to conduct thorough due diligence, including consulting with existing franchisees, analyzing local market conditions, and developing a detailed business plan with realistic financial projections. Consulting with a financial advisor or accountant is also recommended to fully understand the financial implications of investing in a Caring Transitions franchise.