What was the total number of Anago franchise transfers in 2024, not including the franchisor's transfers?
Anago Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| 2022 | 1 | |
| AZ | 2023 | 0 |
| 2024 | 0 | |
| 2022 | 0 | |
| MN | 2023 | 0 |
| 2024 | 1 | |
| 2022 | 0 | |
| OH | 2023 | 0 |
| 2024 | 1 | |
| 2022 | 1 | |
| Total | 2023 | 0 |
| 2024 | 2 |
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 were a total of 2 domestic franchise transfers in 2024, not including transfers by the franchisor. These transfers occurred in Minnesota and Ohio, with one transfer in each state.
Franchise transfers typically involve the sale of an existing franchise unit from one franchisee to another. The number of transfers can be an indicator of the health and stability of the franchise system. A low number of transfers may suggest franchisee satisfaction, while a high number could indicate potential issues with profitability or franchisee support.
Prospective Anago franchisees should consider the transfer rate in conjunction with other factors, such as the number of new franchises opened and the number of terminations, to get a comprehensive understanding of franchisee turnover within the Anago system. It is also advisable to speak with current and former franchisees to gather firsthand insights into their experiences and the reasons behind any transfers.