What was the median gross receipts for all Caring Transitions franchises for the year ending 12/31/2022?
Caring_Transitions Franchise · 2025 FDDAnswer from 2025 FDD Document
| Provision | Section in Franchise Agreement | Summary |
|---|---|---|
| u. Dispute resolution by arbitration or mediation | 16.2 | Except for certain claims, all disputes must be arbitrated in Hamilton County, Ohio (subject to state law); claims may not be consolidated with claims of other franchisees; parties waive right to jury trial and punitive damages; except for certain claims, all claims must be brought within 1 year, subject to state law. |
| v. Choice of forum | 18.4 | Except for claims arising under a franchise law of the state where the franchised business is located, all litigation or arbitration must be in Hamilton County, Ohio, subject to state law. |
| w. Choice of law | 18.3 | Except for claims arising under a franchise law of the state where the franchised business is located, Ohio law applies, subject to state law. |
| Year Ending | Year Ending | |
| 12/31/2021 | 12/31/2022 | |
| Average Gross Receipts | $606,166.45 | $633,235.64 |
| Median Gross Receipts | $521,607.16 | $509,928.49 |
| Highest Gross Receipts | $2,571,645.75 | $2,714,401.00 |
| Lowest Gross Receipts | $395,912.76 | $390,847.70 |
| Percentage of franchisees that | 30% | 30% |
| attained or surpassed Average | ||
| Gross Receipts | ||
| Average Gross Profit % | 63% | 62% |
| Highest Gross Profit % | 97% | 96% |
| Median Gross Profit % | 64% | 62% |
| Lowest Gross Profit % | 27% | 17% |
| Percentage of franchisees that | 52% | 49% |
| attained or surpassed Average | ||
| Gross Profit % | ||
| # of Franchises | 46 | 53 |
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 36–41)
What This Means (2025 FDD)
According to Caring Transitions' 2025 Franchise Disclosure Document, the median gross receipts for all Caring Transitions franchises for the year ending December 31, 2022, was $509,928.49. This figure represents the midpoint of gross receipts for the 53 franchises that were open and operating for the entire year. Gross receipts, as defined in the FDD, include all income arising from the operation of the franchised business, but excludes refunds, discounts, sales taxes, and excise taxes collected from clients and remitted to taxing authorities.
This financial performance representation provides prospective franchisees with an understanding of the potential revenue that existing Caring Transitions franchises have generated. It is important to note that this is a median figure, meaning that half of the franchises earned more than this amount and half earned less. The FDD also indicates that 30% of franchisees attained or surpassed the average gross receipts for that year, which was $633,235.64.
It is crucial for potential franchisees to understand that these figures are based on past performance and there is no guarantee that a new franchisee will achieve similar results. The FDD explicitly states, "Some of our franchisees have sold this amount. There is no assurance that you'll do as well." Therefore, prospective franchisees should carefully consider their own market conditions, business skills, and financial resources when evaluating this information. Consulting with a financial advisor or accountant is strongly recommended to prepare realistic financial projections.
In addition to the overall median gross receipts, the FDD also provides a breakdown of financial performance by quartile. This more detailed information can help prospective franchisees understand the range of potential outcomes and the factors that may influence their success. For example, the median gross receipts for the top quartile of franchisees was significantly higher than the overall median, while the median gross receipts for the bottom quartile was considerably lower. Analyzing these different performance levels can provide valuable insights into the potential risks and rewards of investing in a Caring Transitions franchise.