table_specific

How many Caring Transitions outlets ceased operations for other reasons in Connecticut during 2023?

Caring_Transitions Franchise · 2025 FDD

Answer from 2025 FDD Document

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 1 0 0 0 0 6
ARIZONA 2022 9 1 0 0 0 0 10
2023 10 2 0 0 0 0 12
2024 12 1 0 0 0 0 13
ARKANSAS 2022 2 2 0 0 0 0 4
2023 4 2 0 0 0 0 6
2024 6 0 0 0 0 0 6
BRITISH 2022 0 2 0 0 0 0 2
COLUMBIA
2023 2 0 0 0 0 0 2
2024 2 0 0 0 0 0 2
CALIFORNIA 2022 19 4 0 0 0 0 23
2023 23 7 0 0 0 0 30
2024 30 8 0 0 0 0 38
COLORADO 2022 10 1 0 0 0 1 11
2023 11 1 0 0 0 0 12
2024 12 3 0 0 0 0 15
CONNECTICUT 2022 3 0 0 0 0 0 2
2023 2 2 0 0 0 1 4
2024 4 0 0 0 0 0 4

Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 41–49)

What This Means (2025 FDD)

According to Caring Transitions' 2025 Franchise Disclosure Document, one Caring Transitions location in Connecticut ceased operations for reasons other than termination, non-renewal, or reacquisition by the franchisor during 2023. At the start of 2023, there were two Caring Transitions outlets in Connecticut. During 2023, two additional outlets opened, but one ceased operations for other reasons, resulting in four outlets at the end of the year.

This information is valuable for prospective franchisees as it provides insight into the stability and performance of Caring Transitions franchises in specific geographic areas. Understanding the reasons why franchises cease operations can help potential franchisees assess the risks and challenges associated with investing in a Caring Transitions franchise in a particular state.

It's important to note that 'ceased operations for other reasons' can encompass a variety of situations, such as the franchisee selling the business to a third party (not the franchisor), relocation, or other unforeseen circumstances. A prospective franchisee should inquire with Caring Transitions about the specific reasons for closures to gain a more comprehensive understanding.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.