How many Annex Brands franchise transfers occurred in the state of Virginia during the year 2022?

According to Annex Brands' 2025 Franchise Disclosure Document, there was one franchise transfer in the state of Virginia during 2022. This information is crucial for potential franchisees as it provides insight into the stability and desirability of existing franchise locations. A higher number of transfers could indicate issues with profitability or franchisee satisfaction, while a lower number, as seen in Virginia, might suggest a stable market.

Franchise transfers occur when an existing franchisee sells their business to a new owner. This can happen for various reasons, including retirement, relocation, or a change in the franchisee's personal or professional goals. Monitoring the number of transfers can help prospective franchisees gauge the health and attractiveness of the franchise system.

It's important to note that while one transfer in Virginia during 2022 might seem low, it's essential to consider this figure in the context of the total number of franchises in the state and the overall transfer rates across the Annex Brands system. A single transfer could be a normal occurrence and not necessarily indicative of any systemic issues. Prospective franchisees should further investigate the reasons behind any transfers to fully understand the implications.