What was the total number of Caring Transitions outlets at the end of 2024 in North Carolina?
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 | 0 | 0 | 0 | 0 | 6 | | ARIZONA |
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 17 outlets in North Carolina 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 valuable in assessing the brand's growth and stability in specific geographic areas. The increase from 15 to 17 outlets in North Carolina during 2024 suggests a positive trend. This data helps potential franchisees evaluate the market saturation and growth potential in North Carolina.
It is important to note that while the number of outlets increased, one outlet was reacquired by the franchisor. This could be due to various reasons such as franchisee non-compliance, performance issues, or mutual agreement. A prospective franchisee should inquire about the reasons for reacquired franchises to better understand the dynamics of the Caring Transitions network in North Carolina.