How many Caring Transitions outlets opened in California 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 | 1 | 0 | 0
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 were 7 outlets opened in California during 2023. The table provided in Item 20 outlines the number of outlets opened, terminated, and the total number of outlets at the end of the year for each state. This information is crucial for potential franchisees to understand the growth and stability of the Caring Transitions franchise in specific regions.
Specifically, the data shows that California had 23 outlets at the start of 2023 and ended the year with 30 outlets, with 7 new outlets opening during that year. There were no terminations, non-renewals, or reacquisitions by the franchisor in California during 2023. This suggests a healthy and growing market for Caring Transitions in California.
Understanding the number of new Caring Transitions locations can help a prospective franchisee assess market saturation and potential competition. It also provides insight into the brand's growth trajectory and acceptance in a particular state. Reviewing this data in conjunction with other factors, such as transfer rates and reasons for franchisees leaving the system, can offer a more comprehensive view of the franchise's performance and stability.