How many Caring Transitions franchises were operating in Connecticut at the start of 2023?
Caring_Transitions Franchise · 2025 FDDAnswer from 2025 FDD Document
4 | 1 | | TOTALS | 2022 | 9 | | | 2023 | 15 | | | 2024 | 15 | | 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
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 41–49)
What This Means (2025 FDD)
According to Caring Transitions's 2025 Franchise Disclosure Document, there were 2 Caring Transitions franchises operating in Connecticut at the start of 2023. The table provided in Item 20 outlines the number of outlets at the start of the year, outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, ceased operations for other reasons, and the number of outlets at the end of the year for each state.
For a prospective franchisee, this information indicates the existing market presence of Caring Transitions in Connecticut at that time. It can be useful for understanding the level of competition and brand recognition in the state. The table also shows that 2 new Caring Transitions franchises opened in Connecticut during 2023, and 1 ceased operations for other reasons, resulting in 4 locations at the end of 2023.
Reviewing the historical data for several years can reveal trends in franchise growth, stability, and turnover within specific regions. This information is valuable for assessing the potential success and risks associated with opening a Caring Transitions franchise in Connecticut.