Caring Transitions
- C.T. Franchising Systems, Inc.
10700 Montgomery Rd., # 210
Cincinnati, OH 45242
USA
-
(800) 647-0766
/
(513) 587-4988
- (513) 563-2691 (Fax)
Ranked "Top 500 Franchises" by Entrepreneur, 2016, 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 |
162 |
100.0% |
Company-Owned Units |
0 |
0.0% |
Total Operating Units |
162 |
100% |
Geographic Distribution
USA |
162 |
100.0% |
In 38 States
|
Canada |
0 |
0.0% |
In 0 Provinces
|
International |
0 |
0.0% |
In 0 Foreign Countries
|
Total |
162 |
100% |
|
Multi-Unit Operators
Multi-Unit Operators |
N/A |
Franchises Owned by Multi-Unit Operators |
N/A |
North American Unit Density
Density |
Units |
California |
12 |
North Carolina |
9 |
Illinois |
8 |
Registered in the following Registration States
California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin
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Support and Training
General Information
IFA Member |
Yes |
CFA Member |
No |
Franchisee Association? |
No |
Size of Corporate Staff |
50 |
Site Selection Assistance |
N/A |
Lease Negotiation Assistance |
N/A |
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
|
Additional Services: |
Grand Opening, In-House Marketing, Newsletter, Online Extranet, Press Releases, Sales Strategies
|
Ongoing Support
Central Data Processing |
N/A |
Central Purchasing |
N/A |
Field Operation Evaluation |
Included |
Field Training |
Included |
Initial Store Opening |
N/A |
Inventory Control |
N/A |
Franchisee Newsletter |
N/A |
Regional or National Meetings |
Included |
800 Telephone Hotline |
Included |
Training
Cincinnati, OH |
5 Business Days |
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Financial Requirements
Investment
Minimum Net Worth |
$50K |
Cash Investment |
$40K |
Total Investment |
$58.1-85.8K |
Average Total Investment |
$72K |
Fees
Initial Franchise Fee |
$44.9K |
Average Franchise Fee |
N/A |
On-Going Royalty |
5% or $300/mo. |
Average Royalty |
N/A |
Advertising Fee |
3% |
Site Information and Requirements
Average Number of Full-Time Employees |
1 |
Average Number of Part-Time Employees |
1 |
Space Needs (in square feet) |
N/A
|
Preferred Site Types |
Home-Based
|
Encourages Conversions |
N/A |
Item 19 (Earnings Claim) Provided? |
No |
Listed in the SBA Registry? |
No |
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Franchisee Qualifications
Financial Net Worth |
3 |
General Business Experience |
3 |
Specific Industry Experience |
1 |
Formal Education |
2 |
Psychological Profile |
3 |
Personal Interviews |
4 |
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Terms of Contract
Term of Initial Contract |
10 |
Term of Renewal Period |
10 |
Passive Ownership? |
Allowed, but discouraged |
Area Development Agreements? |
No
|
Sub-Franchisor Contracts? |
No |
Franchisees Allowed to Expand Within Territory? |
No |
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Expansion Plans
Projected New Units Over Next 12 Months |
30 |
USA |
Yes, All United States |
Canada |
Yes, All Canada |
Overseas |
Yes, All Countries |
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