What is the total franchise fee for a Caring Transitions territory with a population of 206,135?
Caring_Transitions Franchise · 2025 FDDAnswer from 2025 FDD Document
If the population of your territory exceeds 200,000, you must pay an additional $500 for all or part of every 1,000 people over 200,000. For example, for a territory with a population of 206,135, the total franchise fee would be $57,400 [$53,900 + (7 x $50
Source: Item 5 — INITIAL FEES (FDD pages 12–13)
What This Means (2025 FDD)
According to Caring Transitions' 2025 Franchise Disclosure Document, the initial franchise fee for a territory with a population between 175,000 and 200,000 is $53,900. However, if the territory's population exceeds 200,000, an additional fee of $500 is charged for every 1,000 people (or any portion thereof) over 200,000.
For a territory with a population of 206,135, the calculation involves taking the base fee of $53,900 and adding an extra charge for the population exceeding 200,000. In this case, the population exceeds the threshold by 6,135 people, which translates to 7 increments of 1,000 people (rounding up). Therefore, an additional $3,500 (7 x $500) is added to the base fee.
Thus, the total franchise fee for a Caring Transitions territory with a population of 206,135 would be $57,400, which is the sum of the base fee of $53,900 and the additional charge of $3,500. This fee is nonrefundable, as are all initial fees, and must be paid when signing the franchise agreement.