Caring Transitions Closes Our First Half of 2023 with 20 New Franchise Owners; Sets Record-Breaking Sales Month in May

Caring Transitions — the 280-unit 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 on pace to enjoy another groundbreaking year. In the first half of 2023, the brand signed 20 new franchise owners, saw record-breaking sales, rolled out new technology features and announced an exciting new media partnership.

“It has been a very solid year so far,” said Caring Transitions President Ray Fabik. “We had a record-breaking sales month in May, which is great for franchise owners. It is the most volume we’ve ever done in a single month. Over the past two or three years, while we can’t say we have proven to be recession-proof, we have definitely proven to be recession-resistant. The consumer has told us again and again that we are a need business, not a want business.”

Caring Transitions assists seniors in their moving process by visiting their homes, aiding in packing and organizing possessions and ensuring a smooth transition to their new residence by creating a recognizable living space. Following the relocation, the team goes back to the original property to organize and conduct in-person or virtual estate sales using their exclusive platform, CTBids. 

And CTBids has been a primary focus for the brand so far this year. The team recently rolled out an Express Checkout function for the platform, Fabik says, as well as a new CTBids mobile app. 

“We’ve really made the invoicing process much easier for both owners and customers, cutting the checkout time in half,” Fabik said. “Clients can easily bid on items and our locations can easily invoice them. That is a big win for us as we continue to find ways to help franchise owners run their business as efficiently as possible.” 

The first half of the year also saw Caring Transitions partner with Growing Bolder — the multi-platform media company and team of award-winning journalists, broadcasters and creatives focused on sharing the inspirational stories of men and women over the age of 50. With the partnership, Caring Transitions will be included in stories and advertisements across Growing Bolder’s impressive platform, which includes a national TV show, a magazine, a radio station and podcast, popular social media channels and more. 

“We are two organizations that really share the same passion for seniors,” said Fabik. “Their whole theme is about growing bolder versus growing older, which is exactly our mission: How do we help seniors and their families transition through life’s stages? We are in the process of creating TV ads, podcasts, print ads — we will be reaching their audience, and we are very excited about the partnership.”

As this unique business model and concept continues to align well with the evolving needs of seniors today, more and more entrepreneurs are joining the Caring Transitions system and introducing these in-demand services to the communities they serve. The brand was recently ranked as No. 141 on Entrepreneur's prestigious Fastest Growing Franchises list, as well as No. 421 on Entrepreneur’s Franchise 500 ranking and being named to Franchise Dictionary’s 2022 100 Game Changers List last year.

“We continue to bring in high-quality franchise owners month-after-month,” said Fabik. “The quality of owners that we are getting into the system, and their appreciation for the seniors they work with, always supersedes everything else. 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. Now, we want to accelerate our growth because we believe there should be a Caring Transitions location in every market.”

Click here to meet some Caring Transitions franchisees.

Start-up costs range from $58,912–$84,612, and franchisees have the opportunity to earn back their $44,900 franchise fee through its Winner’s Circle program by hitting a variety of key benchmarks.

ABOUT CARING TRANSITIONS:

Caring Transitions 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. 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/.