What was the total amount of technology fees Caring Transitions received in its most recent fiscal year?

According to Caring Transitions's 2025 Franchise Disclosure Document, franchisees must pay a monthly technology fee of $250 for software licensing or development fees and other technology tools used for business operations. In its most recent fiscal year, Caring Transitions received a total of $414,855 in technology fees, which accounted for approximately 4.3% of their total revenues of $9,739,278.

The technology fee is subject to change with reasonable notice, but the increase will not exceed 10% per year in which the franchise agreement has been effective. Additional increases may occur due to the addition of new or different software and technology tools, as well as price increases from third-party vendors. Caring Transitions retains the discretion to require franchisees to purchase some or all of the technology tools directly from a third-party supplier.

For a prospective franchisee, this means budgeting $250 per month for technology fees, with the understanding that this amount could increase over time. It is important to factor in potential increases when projecting expenses and to inquire about the specific technology tools covered by the fee and the potential for mandatory third-party purchases. Understanding these costs is crucial for assessing the overall financial viability of a Caring Transitions franchise.