How many Auntie Annes franchise transfers occurred in California during 2022?

According to Auntie Annes's 2024 Franchise Disclosure Document, there were 12 franchise transfers in California during 2022. This information is part of the data on outlet and franchisee information provided in Item 20 of the FDD. The table includes data from 2021, 2022, and 2023, offering a view of transfer activity over those three years.

For a prospective franchisee, this data point indicates the level of franchise resales or changes in ownership within the California market. A higher number of transfers could suggest a more active market for buying and selling existing Auntie Annes locations. It could also reflect the desirability of the California market or potential challenges faced by franchisees in that region.

It's important to consider the reasons behind franchise transfers. Transfers can occur for various reasons, including franchisees retiring, pursuing other opportunities, or failing to meet performance expectations. A prospective franchisee should investigate the reasons for transfers to understand the potential risks and opportunities associated with operating an Auntie Annes franchise in California. Reviewing transfer rates in comparison to new store openings and closures can provide a more comprehensive understanding of the health and stability of the franchise system in that state.

While the FDD provides historical data on franchise transfers, it does not offer specific details on the reasons for those transfers. A prospective franchisee should consider asking Auntie Annes for more information on the factors driving franchise transfers in California to make a well-informed investment decision.