How many Caring Transitions outlets opened in Maine during 2023?
Caring_Transitions Franchise · 2025 FDDAnswer 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 |
|---|---|---|---|---|---|---|---|---|
| IOWA | 2022 | 5 | 0 | 0 | 0 | 0 | 0 | 5 |
| 2023 | 5 | 0 | 0 | 0 | 0 | 0 | 5 | |
| 2024 | 5 | 0 | 0 | 0 | 0 | 0 | 5 | |
| KANSAS | 2022 | 2 | 0 | 0 | 0 | 0 | 0 | 2 |
| 2023 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | |
| 2024 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | |
| KENTUCKY | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| LOUISIANA | 2022 | 2 | 0 | 0 | 0 | 0 | 1 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| MAINE | 2022 | 2 | 0 | 0 | 0 | 1 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 0 | 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 zero new outlets opened in Maine during 2023. The FDD provides a detailed table outlining outlet openings, terminations, and other changes across various states. At the start of 2023, there was 1 outlet in Maine. No new outlets opened, and there were no terminations, non-renewals, or other reasons for ceased operations, so the year ended with 1 outlet in Maine.
This information is crucial for prospective franchisees as it provides insight into the brand's growth and stability in specific geographic areas. A lack of new openings could indicate market saturation, limited growth potential, or other challenges in that region. Conversely, consistent growth might signal a strong and receptive market.
It is important to note that past performance does not guarantee future results. A prospective franchisee should further investigate the reasons behind the lack of new openings in Maine during 2023. This could involve speaking with current franchisees in the area, researching local market conditions, and discussing growth strategies with the franchisor.