How many Caring Transitions franchises were transferred in North Carolina during 2023?
Caring_Transitions Franchise · 2025 FDDAnswer from 2025 FDD Document
| NORTH CAROLINA | 2022 | 0 | ||||||
|---|---|---|---|---|---|---|---|---|
| 2023 | 1 | |||||||
| 2024 | 3 | |||||||
| 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 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NORTH | ||||||||
| CAROLINA | ||||||||
| 2023 | 6 | 9 | 0 | 0 | 0 | 0 | 15 | |
| 2024 | 15 | 3 | 0 | 0 | 1 | 0 | 17 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 41–49)
What This Means (2025 FDD)
According to Caring Transitions' 2025 Franchise Disclosure Document, the provided table in Item 20 does not include information on franchise transfers. The table provides data on the number of outlets at the start and end of the year, outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, and outlets that ceased operations for other reasons. For North Carolina in 2023, there were 6 Caring Transitions outlets at the start of the year and 15 at the end of the year, with 9 outlets opened.
Because the table does not track franchise transfers, it is not possible to determine how many Caring Transitions franchises were transferred in North Carolina during 2023 based on this data. A prospective franchisee interested in this information should ask Caring Transitions directly for details on franchise transfers, as this could provide insights into the stability and desirability of existing franchise locations.
Understanding the rate of franchise transfers can be valuable for potential franchisees. A high transfer rate might indicate issues with profitability or franchisee satisfaction, while a low rate could suggest a stable and successful franchise system. Therefore, it is important to gather this information during the due diligence process.