How many Caring Transitions outlets opened in Maryland during 2024?

According to Caring Transitions' 2025 Franchise Disclosure Document, there was one outlet opened in Maryland during 2024. The table included in Item 20 of the FDD provides a detailed overview of outlet openings, terminations, and other changes across various states. Specifically, for Maryland, the table shows the progression of Caring Transitions franchises from 2022 through 2024.

In 2022, Maryland had 5 outlets at the start of the year, with no new openings, terminations, non-renewals, reacquisitions by the franchisor, or ceased operations, leaving 5 outlets at the end of the year. The same situation occurred in 2023, with 5 outlets at the start and end of the year. However, in 2024, while there were still 5 outlets at the start of the year, one new outlet opened, and there were no terminations, non-renewals, reacquisitions, or ceased operations, resulting in a total of 6 outlets by the end of 2024.

This information is valuable for prospective franchisees as it provides insight into the growth and stability of Caring Transitions franchises in specific geographic areas. The data helps potential franchisees assess the brand's performance and market penetration in Maryland, which can inform their decision-making process. Understanding the historical trends of outlet openings and closures can also offer a clearer picture of the potential risks and opportunities associated with investing in a Caring Transitions franchise in that state.