table_specific

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

Caring_Transitions Franchise · 2025 FDD

Answer from 2025 FDD Document

4 | 1 | | TOTALS | 2022 | 9 | | | 2023 | 15 | | | 2024 | 15 | | 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 | | | 20

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

What This Means (2025 FDD)

According to Caring Transitions' 2025 Franchise Disclosure Document, two outlets in Idaho ceased operations for reasons other than termination, non-renewal, or reacquisition by the franchisor during 2023. The table provided in Item 20 includes a column specifically for 'Ceased Operations Other Reasons,' which captures instances where a franchise closes for a variety of reasons not covered by the other categories.

This data point is relevant for prospective franchisees as it offers insight into the stability and potential risks associated with operating a Caring Transitions franchise in Idaho. While terminations, non-renewals, and re acquisitions have specific legal and contractual meanings, 'ceased operations for other reasons' can be a catch-all for closures due to financial difficulties, market changes, or other unforeseen circumstances.

It's important to note that while two locations ceased operations for other reasons, no Caring Transitions franchises in Idaho were terminated, non-renewed or reacquired by the franchisor during 2023. This suggests that the closures were not due to direct action by Caring Transitions, but rather other factors. The FDD also indicates that at the start of 2023 there were two Caring Transitions locations in Idaho, and after the two closures, there were zero locations at the end of 2023. A prospective franchisee should inquire with Caring Transitions about the specific reasons for these closures to better assess the market conditions and potential challenges in Idaho.

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.