What was the median gross receipts for 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 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 are defined as the total income arising from the operation of the franchised business, excluding refunds, discounts, sales, and excise taxes.
It is important to note that this data is based on financial reports submitted by franchisees, which have not been audited or independently verified by Caring Transitions. As with all financial performance representations, Caring Transitions explicitly states that there is no assurance a new franchisee will achieve the same level of gross receipts. The FDD also indicates that 30% of franchisees attained or surpassed the average gross receipts of $633,235.64 for the year ending 12/31/2022.
A prospective franchisee should consider this information carefully, along with other factors such as location, market conditions, and individual business skills, when evaluating the potential financial performance of a Caring Transitions franchise. Consulting with a financial advisor or accountant is strongly recommended to prepare realistic financial projections and understand the potential income and tax implications of operating a Caring Transitions franchise.