How many Alloy outlets were transferred in Utah during 2024?
Alloy Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Utah | 2022 | 0 |
| 2023 | 2 | |
| 2024 | 2 |
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 franchise transfers in Utah during 2024. This means that two existing Alloy franchises in Utah were sold or transferred to new franchisees during that year.
For a prospective franchisee, this information can be relevant for a few reasons. A high number of transfers could indicate instability or dissatisfaction among current franchisees, while a low number could suggest a stable and successful franchise system. However, it is important to consider the overall size of the franchise network in a state. Two transfers might be a significant percentage in a state with only a few locations, but less so in a state with many.
It is also worth noting the trend in transfers over time. In Utah, the number of transfers increased from 0 in 2022 to 2 in both 2023 and 2024. This could indicate a growing market for Alloy franchises in Utah, or it could be due to other factors such as changing economic conditions or franchisee demographics. A prospective franchisee should investigate the reasons behind these transfers to better understand the opportunities and risks involved in investing in an Alloy franchise in Utah.