What was the total number of Caring Transitions outlets at the end of 2024 in Minnesota?
Caring_Transitions Franchise · 2025 FDDAnswer from 2025 FDD Document
| MINNESOTA | 2022 | 9 | | | 2023 | 9 | | | 2024 | 10 | | 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 | |---|---|---|---|---|---|---|---|---| | MINNESOTA | 2022 | 9 | 0 | 0 | 0 | 0 | 0 | 9 | | | 2023 | 9 | 1 | 0 | 0 | 0 | 0 | 10 | | | 2024 | 10 | 1 | 0 | 0 | 0 | 0 | 11 |
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 11 outlets in Minnesota 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.
Specifically for Minnesota, the table shows that in 2024, there were 10 outlets at the start of the year. During 2024, one new Caring Transitions outlet opened in Minnesota. There were no terminations, non-renewals, re acquisitions by the franchisor or outlets that ceased operations for other reasons.
Therefore, the total number of Caring Transitions outlets in Minnesota at the end of 2024 was 11. This information is valuable for prospective franchisees as it provides insight into the growth and stability of the Caring Transitions brand in a specific state.