What is the maximum discount offered to veterans for a Caring Transitions franchise through the VetFran program?
Caring_Transitions Franchise · 2025 FDDAnswer from 2025 FDD Document
We are a member of the International Franchise Association and participate in the IFA's Veterans Transition Franchise Initiative ("VetFran Program"), which encourages franchise ownership by offering financial incentives to honorably discharged veterans of the U.S. Armed Forces. We offer a discount of up to 10% of the initial franchise fee to veterans who meet our requirements and those of the VetFran program.
You may receive only one discount or referral fee on the purchase of any franchise. We currently intend to impose each initial franchise fee uniformly except as stated otherwise in this Item 5. All initial fees are nonrefundable.
Source: Item 5 — INITIAL FEES (FDD pages 12–13)
What This Means (2025 FDD)
According to Caring Transitions's 2025 Franchise Disclosure Document, the company participates in the IFA's Veterans Transition Franchise Initiative, also known as the VetFran Program. This program is designed to encourage franchise ownership among honorably discharged veterans of the U.S. Armed Forces.
Caring Transitions offers a discount of up to 10% off the initial franchise fee to veterans who meet both Caring Transitions's requirements and the requirements of the VetFran program. This discount can significantly lower the initial investment required to start a Caring Transitions franchise.
It's important to note that a veteran can only receive one discount or referral fee on the purchase of any Caring Transitions franchise. This means that the veteran would need to choose between the VetFran discount and any other discount or referral fee that Caring Transitions might offer. Prospective franchisees should inquire about all available discounts and determine which one provides the greatest financial benefit.
The initial franchise fee for a Caring Transitions franchise varies depending on the population of the territory. For a territory with a population between 175,000 and 200,000, the franchise fee is $53,900. A 10% discount on this fee would amount to $5,390. For territories with larger populations, the initial franchise fee is higher, and the 10% discount would be correspondingly larger. Veterans should confirm the specific initial franchise fee for their desired territory to calculate the exact dollar amount of the potential VetFran discount.