How many Caring Transitions franchises were transferred in North Carolina during 2024?
Caring_Transitions Franchise · 2025 FDDAnswer from 2025 FDD Document
| NORTH | 2022 | 4 | 2 | 0 | 0 | 0 | 0 | 6 | | CAROLINA | | | | | | | | | | | 2023 | 6 | 9 | 0 | 0 | 0 | 0 | 15 | | | 2024 | 15 | 3 | 0 | 0 | 1 | 0 | 17 | | 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 | |---|---|---|---|---|---|---|---|---|
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 a column for 'Transfers'. However, the table does show that in North Carolina, there were 15 Caring Transitions outlets at the start of 2024, 3 outlets opened, 1 outlet was reacquired by the franchisor, and 17 outlets at the end of the year.
To determine the number of Caring Transitions franchises transferred in North Carolina during 2024, a prospective franchisee should ask the franchisor directly for this information. This data point is not explicitly disclosed in the provided FDD excerpt.
Understanding franchise transfers can provide insights into the stability and desirability of owning a Caring Transitions franchise in a specific region. A high number of transfers might indicate challenges or opportunities within the existing franchisee network.