What was the total number of Aplus franchise transfers across all states in 2021?
Aplus Franchise · 2024 FDDAnswer from 2024 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| CT | 2021 | 1 |
| 2022 | 0 | |
| 2023 | 0 | |
| MA | 2021 | 0 |
| 2022 | 1 | |
| 2023 | 2 | |
| MD | 2021 | 0 |
| 2022 | 1 | |
| 2023 | 0 | |
| NJ | 2021 | 1 |
| 2022 | 1 | |
| 2023 | 1 | |
| NY | 2021 | 0 |
| 2022 | 0 | |
| 2023 | 2 | |
| PA | 2021 | 8 |
| 2022 | 8 | |
| 2023 | 6 | |
| Total | 2021 | 10 |
| 2022 | 11 | |
| 2023 | 11 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 65–68)
What This Means (2024 FDD)
According to Aplus's 2024 Franchise Disclosure Document, there were a total of 10 franchise transfers across all listed states in 2021. This number is derived from the provided table that summarizes transfer activity by state and year. Franchise transfers represent existing Aplus locations that were sold to new franchisees rather than being closed or terminated.
For a prospective Aplus franchisee, the number of transfers can be an important indicator of the health and desirability of existing franchise locations. A higher number of transfers might suggest a more active market for Aplus franchises, while a lower number could indicate that franchisees are holding onto their locations for longer periods.
It is important to note that the table only lists transfer data for a limited number of states (CT, MA, MD, NJ, NY, and PA). The total of 10 transfers in 2021 only reflects these specific states and may not represent the entire Aplus franchise system. A prospective franchisee should inquire about transfer activity in other states of interest to get a more complete picture.