Who is responsible for the expenses associated with the initial training program for a transferee franchisee of a Caring Transitions franchise?
Caring_Transitions Franchise · 2025 FDDAnswer from 2025 FDD Document
- (7) At the transferee franchisee's expense, and upon such other terms and conditions as Franchisor may reasonably require, the transferee franchisee or its manager shall complete the initial training program then in effect for franchisees, and Franchisee shall continue to provide operational and consulting support to transferee franchisee for a reasonable period of time after completion of the initial training program.
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 41–49)
What This Means (2025 FDD)
According to Caring Transitions' 2025 Franchise Disclosure Document, the transferee franchisee is responsible for the expenses associated with the initial training program. Specifically, the transferee franchisee must cover these expenses at their own cost and under terms and conditions that Caring Transitions may reasonably require.
This means that if you are considering purchasing an existing Caring Transitions franchise, you will need to factor in the costs of retraining either yourself or your manager. These costs include travel, lodging, food, and any wages paid during the training period. It is important to budget accordingly and understand the full financial implications of becoming a transferee franchisee.
While the transferee franchisee bears the cost, the existing franchisee is expected to provide operational and consulting support to the new transferee for a reasonable time after the training. This support is intended to help ensure a smooth transition and maintain the standards of the Caring Transitions franchise system.