2024 Franchise 500 Rank
#367 Ranked #421 last year
See the Full List
Initial investment
$64K - $109K
Units as of 2023
278 Increase 31.1% over 3 years

Caring Transitions Franchise

Are you looking to start a franchise business to get your entrepreneurial endeavors going? Caring Transitions offers an excellent franchise opportunity for many would-be managers and entrepreneurs.

In a nutshell, Caring Transitions is a "senior relocation" business franchisor that assists with various needs and services for America's senior citizens. These include relocating seniors into new homes, helping seniors downsize by selling and liquidating assets and helping senior citizens get the health care or live-in care they need.

Since people over 65 are becoming more common and forming a larger cohort in America’s population, senior relocation services will likely only become more necessary as time goes on. 

With a Caring Transitions franchise, you can simultaneously jump into this growing industry and be your own boss. Keep reading to learn what it takes and why starting a Caring Transitions franchise may be the right business opportunity for you.

Reasons to start a Caring Transitions franchise 

When you start a Caring Transitions franchise, you’ll work to help senior citizens relocate, downsize or otherwise adjust their lives as they get older and take on new challenges. The market is particularly suitable for growth.

The senior market should grow to encompass approximately 20% of the population by 2030. This is due to a combination of factors; for example, people live longer now because of better health care and improved medicines.

However, many of these senior citizens cannot remain in their homes as they age. They need help with healthcare. They may not want to live in a house with difficult stairs or may not want to pay for empty spaces they don’t need. Because of this, many senior citizens will likely require assistance transitioning into a smaller or elder home.

Caring Transitions and similar companies help seniors and their loved ones with total solutions for senior relocation, estate sales, downsizing and decluttering. If that all sounds interesting, this could be a strategic franchising industry to jump into.

But why Caring Transitions specifically? Caring Transitions is a popular senior relocation company for a variety of reasons. You should consider franchising with Caring Transitions because:

  • Caring Transitions has an extensive brand name and an excellent reputation. This can help you get clients and referrals, particularly in the earliest days of your franchising career.
  • Caring Transitions offers training and proven methodologies that are effective with many senior clients and in many communities. Therefore, your projects may be much more successful.
  • Working with Caring Transitions means deciding who to hire and how to manage your team. Caring Transitions offers franchise owners much control and administrative flexibility compared to other franchising companies.
  • Caring Transitions gives franchise owners access to top-tier technology to assist with their operations. These include CT Bids, which generates millions of dollars in online auction sales, CT Accelerator, an estimating software to help you estimate relocation and downsizing project costs and FranSky, an easy-to-use and customized CRM software that helps owners keep track of customers and projects, plus handle things like automated email campaigns.
  • The Winner’s Circle Program, in which franchise owners can earn back their franchise fees if they reach certain milestones in the first two years of business.

Simply put, if you want to work in the senior relocation or asset liquidations industry, there’s no partner better than Caring Transitions.

Caring Transitions franchise owners can open new businesses in states such as Alabama, Connecticut, Georgia, Iowa, Michigan, Maine, Minnesota, New York, North Carolina, South Carolina, Ohio, Oklahoma, Utah and Wisconsin.

Related: Giving Care to Elderly and Needy, At Home

How to open a Caring Transitions franchise

Opening a franchise with Caring Transitions involves providing the company with your initial franchise fee, proving that you have enough liquid cash to get the ball rolling and attending job training. The job training will include opportunities for you to hire employees with the assistance of the Caring Transitions corporate offices.

Once you’ve settled on a location and target market, Caring Transitions will help you set up an office or retail space if necessary.

To get started with the initial steps, check out Caring Transitions’ virtual brochure and speak to one of the franchise specialists for the company. They’ll explain this senior care business model and how the transition services work.

What will your territory look like? 

Should you open a franchise with Caring Transitions, you’ll get access to an exclusive and protected territory delineated by postal codes. You won’t have to compete with other Caring Transitions franchisees over the same limited population base.

You’ll get an exclusive territory with a population of between 175,000 and 200,000 people for your initial franchise fee. You must pay another $500 for every 1000 people over 100,000 people in your area. Fortunately, there’s no limit on your territory's population, so you can continue to grow your franchise business if more people move into town. 

Are you required to supervise your franchised business personally? 

No, Caring Transitions does not require you to personally supervise your franchised Caring Transitions business. However, Caring Transitions recommends that you do so. Your business must be managed on the premises by a manager approved by Caring Transitions, and they have to have completed the training program. Therefore, it’s often easiest to simply supervise operations yourself.

Related: Elderly Employment Agency

Caring Transitions training and onboarding 

Good franchising partners won’t force you to open your operations without guidance. Fortunately, Caring Transitions provide excellent training and onboarding support at its headquarters in Cincinnati. 

Specifically, every owner gets access to comprehensive digital marketing tools and strategies to help them acquire new customers and maintain excellent long-term customer relationships throughout the relocation process.

On top of that, Caring Transitions provides all of its franchisees with training benefits and tools like:

  • A customized website for your business based on its location and target audience.
  • Social media marketing and advertising strategy training and support (a big boon if you don’t have a lot of marketing experience already).
  • Market-specific collateral, which can be beneficial in some local markets.
  • Localized search and SEO/search engine optimization campaigns to help drive website traffic.
  • Support for a national PR and branding program.

When you start a franchise with Caring Transitions, you and your employees can access a comprehensive and on-site training program at the corporate offices. This is followed by a similarly comprehensive 90-day onboarding practice routine, which puts you in the perfect position to launch and succeed with your business.

Lastly, Caring Transitions provides all franchisees with ongoing business coach support to help drive long-term success.

Related: Examples of Elder Care Business Ideas

Caring Transitions franchise reviews

Many current and previous franchisees have glowing things to say about this franchise partner.

For example, Kendra Good is a franchisee in the Casper and Cheyenne, WA, areas. She says that her Caring Transitions business “brings me great joy because not only am I helping to lift the burden for my clients during stressful situations, but I’m also making good money doing something I love.”

Similarly, Jamie Salter is a franchise owner in central Nebraska. He says it was “intriguing to us because it covered everything we wanted. We wanted to help people, we didn’t want to struggle with competition and we wanted to be the name in the community.”

Caring Transitions franchise cost

Of course, you shouldn’t start a franchise with Caring Transitions without knowing what it will cost you upfront.

According to recent data, the initial franchise fee you can expect is around $44,900. You’ll need to provide an initial investment of between $59,000 and $83,000, give or take, depending on operational costs and the number of people you hire.

On top of that, Caring Transitions requires all new franchisees to have $50,000 in liquid cash upfront. Veterans can take advantage of a $2000 discount on the franchise fee.

Regarding long-term fees, Caring Transitions has competitive and relatively standard requirements. You have to pay a 5% royalty fee, which is paid to Caring Transitions on a regular/ongoing basis. You’ll also have to pay a 2% ad royalty fee.

When you sign on with Caring Transitions, your agreement is suitable for 10 years. The franchise terms are renewable if the partnership is beneficial to you both.

Is there financial assistance with Caring Transitions franchising?

No. Caring Transitions does not offer direct or indirect financing, nor does Caring Transitions provide any note, lease or obligation to franchisees. Keep this in mind.

Related: Home Safety Guides for the Elderly

Get started with a Caring Transitions franchise today

Starting a new franchise with Caring Transitions could be a great way to break into this growing market and maximize your potential profits in the future. Consider creating a franchise with Caring Transitions today.

Check out Entrepreneur’s other guides and articles for more information on this topic.
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Company Overview

About Caring Transitions

Industry Services (Other)
Related Categories Estate Sales, Senior Care, Miscellaneous Services, Miscellaneous Home-Improvement Businesses
Founded 2006
Parent Company Strategic Franchising
Leadership Ray Fabik, President
Corporate Address 4755 Lake Forest Dr.
Cincinnati, OH 45242
Social Facebook, LinkedIn, YouTube
Sponsored Content

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
  • Downsizing
  • 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.

Business Overview

Franchising Since 2006 (18 years)
# of employees at HQ 23
Where seeking

This company is offering new franchises throughout the US.

# of Units 278 (as of 2023)

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 Information Circle
$48,900
Initial Investment Information Circle
$63,562 - $108,612
Cash Requirement Information Circle
$50,000
Veteran Incentives Information Circle
10% off franchise fee
Royalty Fee Information Circle
5%
Ad Royalty Fee Information Circle
2%
Term of Agreement Information Circle
10 years
Is franchise term renewable? Yes

Financing Options

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
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing

Operations

Additional details about running this franchise.

Is absentee ownership allowed? No
Can this franchise be run from home/mobile unit? Information Circle
Yes
Can this franchise be run part time? Information Circle
No
# of employees required to run 2
Are exclusive territories available? Information Circle
Yes

Franchise 500 Ranking History

Compare where Caring Transitions landed on this year's Franchise 500 Ranking versus previous years.

Additional Rankings

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022