table_specific

How many Beard Papas franchise outlets were transferred to new owners in Arizona during 2023?

Beard_Papas Franchise · 2025 FDD

Answer from 2025 FDD Document

Year Number of Transfers
Arizona 2022 0
2023 1
2024 0

Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 52–57)

What This Means (2025 FDD)

According to Beard Papas's 2025 Franchise Disclosure Document, there was one franchise outlet in Arizona that was transferred to a new owner during 2023. This information is part of a table detailing the transfer of outlets from franchisees to new owners, excluding transfers back to the franchisor. The table covers the years 2022 to 2024.

For a prospective franchisee, this data point provides insight into the resale market for Beard Papas franchises in Arizona. A transfer indicates that an existing franchisee has sold their business to a new owner, which can happen for various reasons such as retirement, relocation, or business performance. Knowing the number of transfers can help a potential franchisee gauge the stability and desirability of owning a Beard Papas franchise in that specific market.

It's important to note that this number only reflects transfers to new owners and does not include instances where the franchise was reacquired by Beard Papas. Reviewing transfer rates over multiple years, as presented in the table, can provide a more comprehensive understanding of franchise ownership changes within the system. A high number of transfers could signal potential issues with franchisee profitability or satisfaction, while a low number might indicate stability and success among franchisees.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.