How many Anago franchises were transferred in Minnesota during 2024?
Anago Franchise · 2025 FDDAnswer from 2025 FDD Document
| Franchised | 2022 | 44 | 45 | 1 | |
|---|---|---|---|---|---|
| 2023 | 45 | 47 | 2 | ||
| 2024 | 47 | 48 | 1 | ||
| Company Owned | 2022 | 1 | 0 | -1 | |
| 2023 | 0 | 1 | 1 | ||
| 2024 | 1 | 0 | -1 | ||
| Total Outlets | 2022 | 45 | 45 | 0 | |
| 2023 | 45 | 48 | 3 | ||
| 2024 | 48 | 48 | 0 | ||
| State | Year | Number of Transfers | |||
| AZ | 2022 2023 2024 | 1 0 0 | |||
| MN | 2022 2023 2024 | 0 0 1 | |||
| OH | 2022 2023 2024 | 0 0 1 | |||
| Total | 2022 2023 2024 | 1 0 2 | TABLE NO. 2 TRANSFERS OF DOMESTIC OUTLETS FROM FRANCHISEES TO NEW OWNERS (OTHER THAN FRANCHISOR) FOR YEARS 2022 TO 2024 |
| State | Year | N
Source: Item 20 — OUTLETS AND FRANCHISEES INFORMATION (FDD pages 55–62)
What This Means (2025 FDD)
According to Anago's 2025 Franchise Disclosure Document, there was one transfer of an Anago franchise in Minnesota during 2024. This information is based on transfers of domestic outlets from franchisees to new owners, excluding transfers involving the franchisor.
Franchise transfers are a normal part of the franchise lifecycle. A transfer occurs when an existing franchisee sells their business to a new owner. The number of transfers can be influenced by factors such as franchisee performance, local market conditions, and the overall health of the franchise system.
For a prospective Anago franchisee, understanding transfer rates can provide insights into the stability and desirability of the franchise. A low number of transfers may indicate franchisee satisfaction, while a high number could signal potential issues within the system. It's important to note that this data pertains to subfranchisees, as clarified in the FDD, which is the type of franchise offered by Anago.