How many Alloy franchise transfers occurred in Utah during 2024?
Alloy Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Utah | 2022 | 0 |
| 2023 | 2 | |
| 2024 | 2 | |
| Total | 2022 | 0 |
| 2023 | 3 | |
| 2024 | 5 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 62–69)
What This Means (2025 FDD)
According to Alloy's 2025 Franchise Disclosure Document, there were two franchise transfers in Utah during 2024. The table provided in Item 20 of the FDD outlines the number of franchise transfers by state and year. This information is useful for potential franchisees to understand the stability and turnover of Alloy franchises in specific geographic areas.
Franchise transfers can occur for various reasons, such as a franchisee selling their business to a new owner, or the franchisor reacquiring the franchise. A higher number of transfers might indicate instability or challenges within the franchise system in that area, while a lower number could suggest a more stable and successful market.
Prospective franchisees should further investigate the reasons behind any franchise transfers in their target area. Understanding the context behind these numbers can provide valuable insights into the health and potential risks associated with investing in an Alloy franchise in Utah.