How many Caring Transitions franchises were transferred in Minnesota during 2024?
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)
Based on the 2025 Caring Transitions Franchise Disclosure Document, Item 20 provides information on outlets and franchisee data, including details on franchise transfers. However, the provided excerpts do not contain specific data regarding the number of Caring Transitions franchises transferred in Minnesota during 2024. Item 20 includes lists of current and former franchisees, as well as conditions for franchise transfers, but lacks precise figures for transfers in specific states.
To obtain the number of Caring Transitions franchises transferred in Minnesota during 2024, a prospective franchisee should carefully review Exhibit E, which lists franchisees who have left the system, to see if any Minnesota locations are listed as a transfer. If this information is not present, it is recommended that the prospective franchisee directly ask the franchisor for this specific data.
Understanding the frequency of franchise transfers can provide valuable insights into the stability and desirability of owning a Caring Transitions franchise in a particular area. This information can help potential franchisees assess the market and make informed decisions.