How much is the deposit required to reserve a specific Caring Transitions territory?
Caring_Transitions Franchise · 2025 FDDAnswer from 2025 FDD Document
You can reserve a specific territory for up to 30 days by paying a $5,000 deposit and sending us a Remittance Form. The deposit is fully earned and non-refundable upon our receipt, in consideration of our reservation and removal from the market of your territory for 30 days, and will be applied toward your initial franchise fee. The required deposit to reserve a second territory is $10,
Source: Item 5 — INITIAL FEES (FDD pages 12–13)
What This Means (2025 FDD)
According to Caring Transitions's 2025 Franchise Disclosure Document, a prospective franchisee can reserve a specific territory for up to 30 days by paying a deposit. The deposit amount is $5,000. Upon receipt of the deposit, Caring Transitions will remove the territory from the market for 30 days. This deposit is considered fully earned and non-refundable once Caring Transitions receives it.
This deposit will be applied toward the initial franchise fee. However, if a prospective franchisee wishes to reserve a second territory, the required deposit increases to $10,000. This allows potential franchisees to secure their desired location while they complete their due diligence and finalize their decision to invest in a Caring Transitions franchise.
It is important to note that the deposit is non-refundable, so prospective franchisees should be certain about their interest in the territory before paying the deposit. This practice of requiring a deposit to reserve a territory is common in franchising, as it protects the franchisor from losing potential franchisees while a prospective franchisee makes their decision.