How many Caring Transitions outlets opened in Florida during 2024?
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 | 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 | |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 41–49)
What This Means (2025 FDD)
According to Caring Transitions's 2025 Franchise Disclosure Document, there were 6 outlets opened in Florida during 2024. The table provided in Item 20 of the FDD details the number of outlets at the start of the year, the number of outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, outlets that ceased operations for other reasons, and the number of outlets at the end of the year for each state.
For a prospective franchisee, this information is useful in understanding the growth and stability of the Caring Transitions franchise system in Florida. Seeing that 6 new outlets opened during 2024 suggests that the brand is expanding in the state. It also shows that the total number of Caring Transitions franchises in Florida increased from 16 at the beginning of 2024 to 22 by the end of the year.
It is important to note that while the number of outlets opened provides a snapshot of growth, it does not provide a complete picture of the health of the franchise system. A prospective franchisee should also consider the number of terminations, non-renewals, and closures to assess the overall stability and success rate of Caring Transitions franchises in Florida. This data, combined with conversations with current and former franchisees, can offer a more comprehensive understanding of the opportunities and challenges of owning a Caring Transitions franchise in the state.