How many Alloy franchise transfers occurred in Utah during 2023?

According to Alloy's 2025 Franchise Disclosure Document, there were two franchise transfers in Utah during 2023. This indicates a change in ownership or management of existing Alloy franchise locations within the state during that year. Franchise transfers can occur for various reasons, such as the original franchisee selling the business, retiring, or facing personal circumstances that necessitate a change in ownership.

For a prospective franchisee, understanding the number of transfers can provide insights into the stability and desirability of owning an Alloy franchise in a specific region. A higher number of transfers might warrant further investigation to understand the reasons behind these changes, while a lower number could suggest a more stable franchise environment. It is important to note that transfers do not necessarily indicate negative performance, but rather a change in the franchisee operating the business.

In addition to the number of transfers, the FDD also provides data on outlets opened, terminations, non-renewals, and reacquired franchises. Reviewing these figures in conjunction with the transfer data can offer a more comprehensive understanding of the franchise network's dynamics and overall health. Prospective franchisees should also consider speaking with current and former Alloy franchisees to gain firsthand perspectives on their experiences and the reasons for any transfers or changes in ownership.