How many Caring Transitions franchises were transferred in Maryland during 2023?
Caring_Transitions Franchise · 2025 FDDAnswer from 2025 FDD Document
Exhibit D lists the names, business addresses, and telephone numbers of all current Caring Transitions franchises as of December 31, 2024 and those franchisees that have signed a franchise agreement but were not yet operational at the end of the year. Exhibit E lists the name, city and state, and the current business telephone number (or, if unknown, the last known home telephone number) of every Caring Transitions franchisee who has had their franchise terminated, canceled, transferred, not renewed, or otherwise voluntarily or involuntarily ceased to do business under the franchise agreement or has not communicated with us within 10 weeks of the issuance of this disclosure document. If you buy this franchise, your contact information may be disclosed to other buyers when you leave the franchise system.
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 41–49)
What This Means (2025 FDD)
The 2025 Caring Transitions Franchise Disclosure Document (FDD) does not explicitly state the number of franchise transfers that occurred in Maryland during 2023. However, Exhibit E of Item 20 lists franchisees who have left the system as of the fiscal year ending December 31, 2024. This exhibit includes franchisees who have had their franchise terminated, canceled, transferred, not renewed, or otherwise ceased to do business under the franchise agreement.
To determine the number of Caring Transitions franchises transferred in Maryland during 2023, a prospective franchisee should carefully review Exhibit E and identify any franchises listed in Maryland with a transfer date in 2023. If this information is not present, it is advisable to contact the franchisor directly and request specific data on franchise transfers in Maryland for that year. Understanding the rate of franchise transfers can provide insights into the stability and health of the Caring Transitions franchise system in a particular region.
Furthermore, prospective franchisees might also consider asking the franchisor for additional details about the reasons for any franchise transfers. This information could help in assessing the potential risks and opportunities associated with investing in a Caring Transitions franchise in Maryland. Understanding the context behind franchise transfers can contribute to a more informed decision-making process.