How many Caring Transitions outlets experienced terminations in Georgia during 2023?
Caring_Transitions Franchise · 2025 FDDAnswer 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 | | | 2024 | 5 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 41–49)
What This Means (2025 FDD)
According to Caring Transitions' 2025 Franchise Disclosure Document, there was one termination in Georgia during 2023. The provided table in Item 20 outlines outlet data, including terminations, across various states and years. This information is crucial for prospective franchisees to assess the stability and performance of Caring Transitions franchises in specific geographic areas.
The table also shows that in 2023, Caring Transitions had 10 outlets at the start of the year in Georgia, opened 6 new outlets, experienced 1 termination, and had 2 outlets cease operations for other reasons, resulting in 13 outlets at the end of the year. Reviewing this historical data helps potential franchisees understand the dynamics of franchise operations, including growth, terminations, and other factors that can impact the number of operating franchises.
Understanding the reasons behind terminations and ceased operations is essential. While the table provides numbers, it doesn't detail the causes. A prospective franchisee should inquire with Caring Transitions about the reasons for these terminations and ceased operations to gain a deeper understanding of the challenges and opportunities in the Georgia market. This due diligence can inform their decision-making process and business planning.