How many Beard Papas franchises in Arizona were transferred in 2023?
Beard_Papas Franchise · 2025 FDDAnswer 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 transfer in Arizona during 2023. This information is based on the table summarizing outlet transfers from franchisees to new owners. The table also provides data for 2022 and 2024, showing zero transfers in Arizona for both of those years.
Franchise transfers can occur for various reasons, such as a franchisee deciding to retire, pursue other business ventures, or due to personal circumstances. The number of transfers can be an indicator of franchisee satisfaction or the overall health of the franchise system in a particular region. A high number of transfers might warrant further investigation to understand the underlying causes.
For a prospective Beard Papas franchisee, understanding the transfer history in their desired area is crucial. It can provide insights into the stability and desirability of owning a franchise in that location. Investigating the reasons behind any transfers, if possible, can offer valuable information about potential challenges or opportunities.
It's important to note that this data only reflects transfers to new owners other than the franchisor. Outlets reacquired by Beard Papas are reported separately. Reviewing both transfer and reacquisition data provides a more complete picture of franchise ownership changes.