What was the total number of Bb.Q Chicken franchise transfers in 2023?
Bb_Q_Chicken Franchise · 2025 FDDAnswer from 2025 FDD Document
other than the Franchisor) For years 2022, 2023, 2024
| State | Year | Number of Transfers | |---|---|---| | California | 2022 | 2 | | | 2023 | 1 | | | 2024 | 2 | | Delaware | 2022 | 0 | | | 2023 | 0 | | | 2024 | 1 | | Illinois | 2022 | 2 | | | 2023 | 1 | | | 2024 | 2 | | Maryland | 2022 | 0 | | | 2023 | 1 | | | 2024 | 0 |
| New Jersey | 2022 | 0 |
|---|---|---|
| 2023 | 1 | |
| 2024 | 1 | |
| New York | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 0 | |
| Pennsylvania | 2022 | 1 |
| 2023 | 0 | |
| 2024 | 0 | |
| Texas | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 2 | |
| Virginia | 2022 | 2 |
| 2023 | 1 | |
| 2024 | 0 | |
| Washington | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 1 | |
| Total | 2022 | 7 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 56–62)
What This Means (2025 FDD)
According to Bb.Q Chicken's 2025 Franchise Disclosure Document, there were a total of 6 franchise transfers across multiple states in 2023. Specifically, California, Illinois, and Maryland each had 1 transfer, while New Jersey and New York also each recorded 1 transfer. Virginia accounted for the remaining single transfer during that year.
This information is relevant for prospective franchisees as it provides insight into the stability and desirability of existing Bb.Q Chicken franchises. A higher number of transfers could indicate franchisees are choosing to sell their businesses, which may be due to various factors such as profitability, management issues, or personal reasons. Conversely, a low number of transfers might suggest that franchisees are generally satisfied with their investment and operations.
It's important to note that the transfer numbers provided only reflect transfers to new owners and do not include instances where the franchise was reacquired by Bb.Q Chicken itself. Reviewing transfer rates in conjunction with other data, such as terminations and non-renewals, can offer a more comprehensive understanding of franchisee turnover within the Bb.Q Chicken system. Prospective franchisees should inquire about the reasons behind any transfers to fully assess the health and attractiveness of the franchise opportunity.