How many Caring Transitions outlets opened in Minnesota during 2024?
Caring_Transitions Franchise · 2025 FDDAnswer from 2025 FDD Document
| MINNESOTA | 2022 | 0 | ||||||
|---|---|---|---|---|---|---|---|---|
| 2023 | 0 | |||||||
| 2024 | 2 | |||||||
| 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 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| MINNESOTA | 2022 | 9 | 0 | 0 | 0 | 0 | 0 | 9 |
| 2023 | 9 | 1 | 0 | 0 | 0 | 0 | 10 | |
| 2024 | 10 | 1 | 0 | 0 | 0 | 0 | 11 |
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 outlet opened in Minnesota during 2024. The table included in Item 20 provides a detailed overview of outlet openings, terminations, and other changes across various states and years. This information is valuable for prospective franchisees as it offers insights into the brand's growth and stability in different markets.
Specifically, the table shows that at the start of 2024, Minnesota had 10 Caring Transitions outlets. During 2024, one new outlet was opened, and there were no terminations, non-renewals, re acquisitions by the franchisor, or other reasons for ceased operations. This resulted in a total of 11 outlets in Minnesota by the end of 2024.
This level of detail in the FDD allows potential franchisees to assess the performance of Caring Transitions in specific geographic areas. By reviewing this data, prospective franchisees can gain a better understanding of the brand's presence and growth trajectory in their target market, which can inform their decision-making process.