How many Alloy franchises in Florida were transferred in 2024?
Alloy Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Florida | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 1 | |
| Georgia | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 1 | |
| Michigan | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 1 |
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 was one franchise transfer in Florida during the year 2024. This indicates a change in ownership for an existing Alloy franchise within the state. Franchise transfers can occur for various reasons, such as a franchisee selling their 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 Alloy franchises in a particular area. A low number of transfers might suggest that franchisees are generally satisfied with their businesses, while a high number could warrant further investigation into the reasons behind the changes. It's important to note that transfers are a normal part of the franchise lifecycle, but significant fluctuations should be examined.
It would be prudent for potential Alloy franchisees to discuss these transfer figures with the franchisor and existing franchisees to gain a deeper understanding of the factors influencing franchise ownership changes. Investigating the reasons behind the transfer can offer valuable insights into the health and performance of the Alloy franchise system.