In what state did a 1 800 Packouts franchise transfer occur in 2024?
1_800_Packouts Franchise · 2025 FDDAnswer from 2025 FDD Document
[Item 20: OUTLETS AND FRANCHISEE INFORMATION]
| State | Year | Number of Transfers |
|---|---|---|
| Texas | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 1 | |
| Total Outlets | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 1 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 58–65)
What This Means (2025 FDD)
According to 1 800 Packouts's 2025 Franchise Disclosure Document, one franchise was transferred to a new owner in Texas during 2024. This information is based on Table No. 2, which summarizes transfers of outlets from franchisees to new owners, excluding transfers back to the franchisor.
For a prospective franchisee, this indicates that while transfers are not common, they do occur within the 1 800 Packouts system. It is important to investigate the reasons behind franchise transfers, as they could be due to the franchisee's poor performance, personal reasons, or other factors. Understanding the context of these transfers can provide valuable insights into the health and stability of the franchise system.
It is also worth noting that the FDD includes information on the names and contact information of former franchisees. This allows potential franchisees to reach out and learn more about their experiences, which can be a valuable part of the due diligence process. However, it is important to be aware of any confidentiality agreements that may restrict former franchisees from discussing their experiences, as was the case with one former franchisee in Ohio.