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Caring Transitions
Ranked “Top 50 New Franchises” by Entrepreneur, 2009, this is a rewarding, home-based business helping Seniors and their families transition from their homes to retirement communities. You’ll work with bank trustees, Realtors®, moving companies and other professionals to help ease relocation. Five days of extensive, on-site training on operating and growing a successful business. With six revenue streams and the Senior population expected to double by 2030, this is the next big wave in Senior Care.
Franchisor Background
Year Established:
2006
Franchising Since:
2006
Operating Units:
Franchised Units:
65
100%
Company-Owned Units:
0
0%
______
_____
Total Operating Units:
65
100%
Geographic Distribution:
U.S.:
65
100%
In 30 States
Canada:
0
0%
In 0 Canadian Provinces
International:
0
0%
In 0 Foreign Countries
______
_____
Total:
65
100%
North America:
States/Provinces with the largest number of operating units:
Density
Units
1. Florida
7
2. Missouri
7
3. Virginia
7
Registered in Following Registration States:
California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington, Wisconsin
Financial Requirements
Investment:
Minimum Net Worth:
$20K
Cash Investment:
$18.9K
Total Investment:
$37.7K-64.4K
Average Total Investment:
$51K
Fees:
Initial Franchise Fee:
$27.9K
Average Franchise Fee:
$25K
On-Going Royalty:
6% or $300
Average Royalty:
6%
Advertising Fee:
$150/month
Average Number of Employees:
1 Full-time, 1 Part-time
Space Needs (in square footage):
Preferred Sites:
Home-based
Other Sites:
Encourage Conversions?
Not Applicable
Earnings Claims Provided?
Yes
Listed in the SBA Registry?
No
Support and Training
International Franchise Association:
Yes
Canadian Franchise Association:
No
Franchisee Association/Member:
No
Size of Corporate Staff:
50
Site Selection Assistance?
Not Applicable
Lease Negotiation Assistance?
Not Applicable
Financial Assistance?
Yes, Indirect
Marketing Support:
Co-Op Advertising:
Yes
National Advertising:
Yes
Regional Advertising:
No
Local Advertising:
No
Marketing Materials:
Ad Slicks, Brochures, Promotional Items, Site Signs, Trade Show Exhibits