How many Augusta Lawn Care businesses were transferred in Georgia during 2024?
Augusta_Lawn_Care Franchise · 2025 FDDAnswer from 2025 FDD Document
[Item 20: BUSINESSES AND FRANCHISEE INFORMATION]
| State | Year | Number of Transfers |
|---|---|---|
| Georgia | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 1 |
Source: Item 20 — BUSINESSES AND FRANCHISEE INFORMATION (FDD pages 38–43)
What This Means (2025 FDD)
According to Augusta Lawn Care's 2025 Franchise Disclosure Document, there was one transfer of an Augusta Lawn Care business in Georgia during 2024. The FDD provides a table outlining the number of transfers of businesses from franchisees to new owners, excluding transfers to the franchisor or its affiliates, for the years 2022 through 2024.
Specifically, the table details the number of transfers that occurred in various states. In Georgia, there were no transfers in 2022 and 2023, but one transfer occurred in 2024. This information is useful for prospective franchisees as it provides insight into the resale market and the potential for transferring ownership of an Augusta Lawn Care franchise in Georgia.
Reviewing transfer rates can help potential franchisees assess the stability and desirability of the franchise over time. A higher number of transfers might indicate a more active market for resales, while a lower number could suggest franchisees are holding onto their businesses for longer periods. It's important to consider the reasons behind transfers, which could range from retirement to relocation or business performance issues. Prospective franchisees should inquire about the reasons for any transfers with the franchisor to gain a better understanding.