The nation's largest senior-relocation provider is cementing itself as a leader in the industry as it aims to reach 400 units over the next five years.
RALEIGH, N.C., May 16, 2023 /PRNewswire-PRWeb/ -- Caring Transitions, the franchise that provides older adults and their families with the most trusted, respected, and comprehensive downsizing, right-sizing, estate sales, and online auctions, and move management solutions in the industry, is continuing its recent momentum with the signing for a new location in the Raleigh suburb of Fuquay-Varina, North Carolina. In 2022, the brand signed over 40 new franchise owners and entered 20 new cities, making significant strides toward its goal of reaching 400 units in the next five years. So far this year, Caring Transitions has signed 12 new franchise agreements across the country.
"Our growth just keeps getting better every year," said Caring Transitions President Ray Fabik. "I hear phrases like pandemic-proof and recession-proof, and while I don't like to use those words, our brand has certainly shown itself to be very resilient. We are really an essential service. When the economy turns even a little bit, people still need to take care of their parents. Our business continues to accomplish big things in light of whatever happens out there. When you look back at the last three years, it has been challenging, but we continue to have double-digit growth year after year."
As the nation's largest provider of senior-relocation services, Caring Transitions is increasingly making waves in the $832.8 billion industry, as there are very few businesses specifically equipped to help seniors move from their homes to a care facility or to manage the relocation or sale of all personal belongings. Caring Transitions helps seniors relocate by spending time at their homes, helping them pack and organize their belongings, then moving those belongings to the new home and setting them up in a way that feels comfortable.
Becky and Steve Shelton, the franchise owners behind the new Fuquay-Varina signing, say they are excited to bring these much-needed services to their community. The deal was closed by Susan Walker, Senior Director of Franchise Development.
The Sheltons have been residents of the Cary, Apex, and Holly Springs area for over 30 years. Becky spent the majority of her career as a Sales and Catering Manager for a Hotel & Convention Center in the Research Triangle Park. She was recently employed in an administration role for the Public School System, and later with White Electrical in Apex. Steve is a CPA and previously worked in Public Accounting. He has been in health care Finance, primarily non-profits, for the past 14 years. The Sheltons will be joining two other Caring Transitions owners in the Raleigh area.
Now, with more and more qualified and passionate franchisees like the Sheltons signing on to join the system, Fabik says Caring Transitions shows no signs of slowing down.
"We know that we have a great brand and that Caring Transitions ownership can be a great fit for someone who is tired of their corporate job and wants control of their own destiny, wants to own a business that is truly making a difference in communities or wants to apply their skill set to working in the senior or auction space," Fabik said. "Now, we want to accelerate growth because we believe there should be a Caring Transitions location in every market to serve seniors and their families through life's stages."
Caring Transitions can still accommodate several more owners in the Raleigh area.
Caring Transitions has identified these states as priorities for franchise development: Colorado, Connecticut, Florida, Maine, Massachusetts, Missouri, Nevada, New Hampshire, New Jersey, New Mexico, New York, Pennsylvania, Rhode Island, Texas, and Vermont.
Fees to open a Caring Transitions range from $58,912 to $82,712.
To learn more about franchising with Caring Transitions, visit https://strategicfranchising.com/caring-transitions/.
ABOUT CARING TRANSITIONS:
Caring Transitions provides older adults and their families with the most trusted, respected, and comprehensive downsizing, right-sizing, estate sales, online auctions, and move management solutions in the industry. Founded in 2006, the brand is committed to helping people in a compassionate and caring manner during life's many transitions while providing a total and easy solution for clients in their time of need. Through their proprietary online sales platform, CTBIDS, Caring Transitions also prepares clients for the process of liquidating assets through their own online estate sales auction site. With over 250 locations, Caring Transitions' compassionate, experienced professionals minimize stress and relieve the burdens of life's transitions.
To learn more visit https://www.caringtransitions.com/
Caitlin McCarthy, Mainland, 312.526.3996, [email protected]