How many Alloy outlet transfers occurred in Utah during 2023?
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 2 outlet transfers in Utah during 2023. This information is based on data the franchisor collected regarding the number of franchise transfers that occurred within the Alloy system.
Outlet transfers can occur for various reasons, such as a franchisee selling their business to another party, or the franchisor reacquiring the outlet. For a prospective franchisee, a high number of transfers could indicate instability or difficulty in operating a franchise in that particular area. Conversely, a low number of transfers might suggest a stable and successful market.
It is important to note that transfer numbers alone do not tell the whole story. A prospective Alloy franchisee should investigate the reasons behind any transfers in their target market and speak with current and former franchisees to gain a better understanding of the local business environment. Reviewing the overall financial performance of Alloy franchises in Utah and comparing it to other states could also provide valuable insights.