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Caring TransitionsSenior transition and relocation, online auctions, and estate management
- 2022 Franchise 500 Rank
#371 Ranked #497 last year
- Initial investment
$59K - $83K
- Units as of 2021
240 39.5% over 3 years
About Caring Transitions
More from Caring Transitions
The Best Franchise Opportunity in Senior Care!
Build a profitable business with real value and purpose that offers an extraordinary level of personal satisfaction.
With a Caring Transitions franchise, you will feel empowered to be your own boss and build your legacy while leveraging the support of a well-established and nationally recognized brand with multiple profit centers.
Why Senior Transitions Services?
People age 65 years and older, or “Baby Boomers”, are the fastest growing market in the world. As they age, they require a variety of services including relocation, downsizing, and liquidation of assets. Senior transitions services are an opportunity to contribute to senior care in a way that does not require any healthcare certifications.
Why Caring Transitions?
Caring Transitions is the only national organization providing a comprehensive total solution for our clients. Multiple strong profit centers include:
- Senior Moving & Transition Services
- Household Liquidations
- Estate Sale Management
- Clean-Out Services
As a franchisee, you can work out of your home - no overhead costs from office space, equipment and inventory, or additional employees. No experience necessary! We provide all needed training of our proven marketing and operations systems.
We also deliver ongoing support to help you run and grow your business. Bring your drive for entrepreneurial success and desire to serve your community, and we will help ensure you own a business you can be proud of.
Additional advantages to a Caring Transitions franchise:
- Financing options to get started
- Large, exclusive and protected territories
- A well-regarded brand consistently earning top honors in franchise satisfaction
- A variety of online and offline marketing materials personalized for your local needs
- Lead referral systems to ensure you reach new customers
Entrepreneur Magazine has recently ranked us among the top:
- Home-Based Franchises
- Low-Cost Franchises
- Fastest-Growing Franchises
- Franchise 500®
Take The First Step
Are you that hard-working, motivated individual Caring Transitions is looking for? Are you ready to invest in, and participate in a system that can give you the freedom and lifestyle you deserve?
At Caring Transitions, we are committed to awarding our Franchises to the best possible owners who are committed to helping remove the stress from families by performing the needed services that only a national, certified company can offer.
Let’s see if we are the right fit for each other. Click below to gain access to our virtual brochure and have the opportunity to speak to one of our franchise specialists. They will answer your questions, and help you explore a franchise opportunity with Caring Transitions.
- Franchising Since
- 2006 (16 years)
- # of employees at HQ
- Where seeking
This company is seeking new franchisees throughout the US.
This company is seeking new franchisees in the following international regions: Canada
- # of Units
- 240 (as of 2021)
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Caring Transitions franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
Definition: The initial fee paid to a franchisor to join their system
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.
- Initial Investment
- $58,912 - $82,712
Definition: The total amount necessary to begin operation of the franchise
What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.
- Cash Requirement
Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.
- Veteran Incentives
- $2,000 off franchise fee
Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.
- Royalty Fee
Definition: A ongoing fee paid to the franchisor on a regular basis.
What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.
- Ad Royalty Fee
Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts.
What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.
- Term of Agreement
- 10 years
Definition: The length of time your franchise agreement will last.
What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.
- Is franchise term renewable?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- Caring Transitions has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 24-48 hours
- Classroom Training
- 40 hours
- Additional Training
- Regional/national meetings; webinars; business coach
- Ongoing Support
Purchasing Co-opsNewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail Marketing
Additional details about running this franchise.
- Is absentee ownership allowed?
Definition: Absentee ownership means that the franchisee does not actively work in the franchise business or manage day-to-day operations.
- Can this franchise be run from home/mobile unit?
Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.
- Can this franchise be run part time?
Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.
- # of employees required to run
- Are exclusive territories available?
Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened.
What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.
Franchise 500 Ranking History
Compare where Caring Transitions landed on this year’s Franchise 500 Ranking versus previous years.
Curious to know where Caring Transitions ranked on other franchise lists? Find out below.
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