What was the total number of Caring Transitions outlets at the end of 2024 in Massachusetts?
Caring_Transitions Franchise · 2025 FDDAnswer from 2025 FDD Document
4 | 1 | | TOTALS | 2022 | 9 | | | 2023 | 15 | | | 2024 | 15 | | STATE | YEAR | OUTLETS AT START OF YEAR | OUTLETS OPENED | TERMINATIONS | NON- RENEWALS | REACQUIRED BY FRANCHISOR | CEASED OPERATIONS OTHER REASONS | OUTLETS AT END OF THE YEAR | |---|---|---|---|---|---|---|---|---| | ALABAMA | 2022 | 3 | 1 | 0 | 0 | 0 | 0 | 4 | | | 2023 | 4 | 1 | 0 | 0 | 0 | 0 | 5 | | | 2024 | 5 | 1
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 41–49)
What This Means (2025 FDD)
According to Caring Transitions' 2025 Franchise Disclosure Document, there were 10 outlets in Massachusetts at the end of 2024. The table provided in Item 20 of the FDD outlines the number of outlets at the start of the year, the number of outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, outlets that ceased operations for other reasons, and the number of outlets at the end of the year for each state.
For a prospective franchisee, this information is useful in understanding the growth and stability of Caring Transitions in Massachusetts. Seeing that the number of outlets increased from 7 to 10 during 2024 indicates a positive trend. This data helps potential franchisees assess the brand's presence and market penetration in the state.
It's important to note that while the table provides a snapshot of outlet numbers, it doesn't offer insights into the performance or financial health of individual locations. A prospective franchisee should further investigate the reasons behind any terminations or closures to gain a comprehensive understanding of the market dynamics. Additionally, comparing these figures with those of other states can provide a broader perspective on Caring Transitions' overall performance.