How much is the required deposit to reserve a second 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 franchisee looking to reserve a second territory must pay a deposit of $10,000. This deposit secures the territory for up to 30 days.
This deposit is considered fully earned and non-refundable by Caring Transitions upon receipt. This means that even if the franchisee decides not to pursue the second territory, the $10,000 will not be returned. The deposit serves as consideration for Caring Transitions removing the territory from the market for 30 days, preventing others from potentially franchising in that area during the reservation period.
It is important for prospective franchisees to carefully consider their interest in a second territory before paying the $10,000 deposit, as it is non-refundable. This policy is fairly standard in the franchise industry, as it compensates the franchisor for the opportunity cost of holding the territory.