In what state did the single Alloy outlet transfer occur 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, a single franchise transfer occurred in Florida during 2024. Additionally, there was one transfer in Georgia and Michigan during the same year.
For a prospective franchisee, this information is relevant for understanding the stability and turnover of Alloy franchises in different states. A high number of transfers could indicate issues with franchise profitability or franchisee satisfaction, while a low number might suggest stability.
It's important to note that franchise transfers are a normal part of the franchise lifecycle. Franchisees may choose to sell their businesses for various reasons, including retirement, relocation, or pursuing other opportunities. The fact that Alloy had a small number of transfers in certain states during 2024 is not necessarily indicative of a problem, but it is a factor that prospective franchisees should consider as part of their due diligence.