How many Bath Tune Up franchises were transferred in South Carolina during 2023?
Bath_Tune_Up Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number Of Transfers |
|---|---|---|
| South Carolina | 2022 | 0 |
| 2023 | 3 | |
| 2024 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 45–51)
What This Means (2025 FDD)
According to Bath Tune Up's 2025 Franchise Disclosure Document, there were 3 franchise transfers in South Carolina during 2023. This indicates the number of existing Bath Tune Up franchises that were sold to new owners within the state during that year.
For a potential franchisee, this information is relevant for a few reasons. A higher number of transfers could indicate a more active market for buying and selling existing franchises. It could also suggest varying levels of franchisee success or satisfaction, leading some to sell their businesses.
However, it is important to consider the context behind these transfers. Transfers can occur for various reasons, such as franchisee retirement, relocation, or underperformance. A prospective franchisee should investigate the reasons for transfers in their target area to better understand the local market dynamics and potential challenges. Reviewing transfer rates alongside new outlet openings and closures can provide a more comprehensive view of the franchise's health and stability in a specific region.