How many Caring Transitions franchises in Connecticut ceased operations for other reasons in 2023?
Caring_Transitions Franchise · 2025 FDDAnswer from 2025 FDD Document
| STATE | YEAR | OUTLETS AT START OF YEAR | OUTLETS OPENED | TERMINATIONS | NON- RENEWALS | REACQUIRED BY FRANCHISOR | CEASED OPERATIONS OTHER REASONS | OUTLETS AT END OF THE YEAR |
|---|---|---|---|---|---|---|---|---|
| ALABAMA | 2022 | 3 | 1 | 0 | 0 | 0 | 0 | 4 |
| 2023 | 4 | 1 | 0 | 0 | 0 | 0 | 5 | |
| 2024 | 5 | 1 | 0 | 0 | 0 | 0 | 6 | |
| ARIZONA | 2022 | 9 | 1 | 0 | 0 | 0 | 0 | 10 |
| 2023 | 10 | 2 | 0 | 0 | 0 | 0 | 12 | |
| 2024 | 12 | 1 | 0 | 0 | 0 | 0 | 13 | |
| ARKANSAS | 2022 | 2 | 2 | 0 | 0 | 0 | 0 | 4 |
| 2023 | 4 | 2 | 0 | 0 | 0 | 0 | 6 | |
| 2024 | 6 | 0 | 0 | 0 | 0 | 0 | 6 | |
| BRITISH | 2022 | 0 | 2 | 0 | 0 | 0 | 0 | 2 |
| COLUMBIA | ||||||||
| 2023 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | |
| 2024 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | |
| CALIFORNIA | 2022 | 19 | 4 | 0 | 0 | 0 | 0 | 23 |
| 2023 | 23 | 7 | 0 | 0 | 0 | 0 | 30 | |
| 2024 | 30 | 8 | 0 | 0 | 0 | 0 | 38 | |
| COLORADO | 2022 | 10 | 1 | 0 | 0 | 0 | 1 | 11 |
| 2023 | 11 | 1 | 0 | 0 | 0 | 0 | 12 | |
| 2024 | 12 | 3 | 0 | 0 | 0 | 0 | 15 | |
| CONNECTICUT | 2022 | 3 | 0 | 0 | 0 | 0 | 0 | 2 |
| 2023 | 2 | 2 | 0 | 0 | 0 | 1 | 4 | |
| 2024 | 4 | 0 | 0 | 0 | 0 | 0 | 4 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 41–49)
What This Means (2025 FDD)
According to Caring Transitions' 2025 Franchise Disclosure Document, one franchise in Connecticut ceased operations for reasons other than termination, non-renewal, or reacquisition by the franchisor during 2023.
This information is based on data compiled by Caring Transitions regarding the number of franchises that have left the system for various reasons. The category 'Ceased Operations - Other Reasons' typically includes closures due to factors like franchisee health issues, family matters, or failure to meet performance standards, which are distinct from terminations initiated by the franchisor or non-renewals at the end of the franchise term.
For a prospective franchisee, this statistic provides insight into the stability and potential challenges within the Caring Transitions franchise network in Connecticut. While one closure for 'other reasons' may not be alarming, it prompts further investigation into the specific circumstances and overall support provided to franchisees in that state. Understanding the reasons behind such closures can help a new franchisee better prepare for and mitigate potential risks. It is important to note that this data reflects past performance and may not be indicative of future results.