Recently, Caring Transitions was ranked in the 2021 Top 400 Franchise List by Franchise Times. Caring Transitions is the nation’s leading provider of senior relocation and transitional services. The franchise system has proven to be a pandemic resistant company and continues to rapidly surpass projected revenue targets. This can be attributed to the business model which provides multiple revenue streams, and the ability to operate with minimal staff and low overhead.
Franchise Times’ annual ranking of the 400 largest U.S.- based franchise systems based on global systemwide sales encompasses the largest brands in franchising, along with promising young concepts in growth mode. The project is the result of a five-month research and reporting effort that leads to the most credible and objective franchise ranking available.
Proof of Caring Transitions’ strength and position in the industry can be found in Caring Transitions on-going blockbuster sales reported by franchise owners throughout 2021. Additionally, CTBIDS, Caring Transitions’ national online estate sale and auction website, also posted an unprecedented increase in revenue throughout 2020 and 2021. Despite stay-at-home measures, and economic uncertainty, consumers still needed to move and required assistance finding space for all their belongings in their new homes. In fact, Caring Transitions was considered an essential business during pandemic. That designation along with the CTBIDS platform allowed franchise owners to continue to operate their businesses and support their clients in liquidating unique and everyday treasures.
“We are thrilled to see Caring Transitions on this competitive list. Caring Transitions has grown an additional 35 locations in 2021 and anticipate adding another 15 by the end of the year.” says Ray Fabik, President of Caring Transitions.
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