In 2024, how many Bee Organized franchises were transferred in Rhode Island?
Bee_Organized Franchise · 2025 FDDAnswer from 2025 FDD Document
OF OUTLETS FROM FRANCHISEES TO NEW OWNERS (OTHER THAN THE FRANCHISOR) FOR YEARS 2022 to 2024
| State | Year | Number of Transfers |
|---|---|---|
| 2022 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 50–54)
What This Means (2025 FDD)
According to Bee Organized's 2025 Franchise Disclosure Document, there was one franchise transfer in Rhode Island during 2024. This means that one existing Bee Organized franchise location in Rhode Island was sold to a new owner during that year.
For a prospective franchisee, this information provides insight into the resale market for Bee Organized franchises. A transfer indicates that an existing franchisee has chosen to exit the business, presenting an opportunity for someone else to take over an established location.
It's important to note that a single transfer doesn't necessarily indicate a problem with the franchise. Franchisees may choose to sell for a variety of personal or business reasons. However, a high number of transfers in a particular area could warrant further investigation to understand the reasons behind those sales. Reviewing transfer rates in specific states can help potential franchisees assess the stability and desirability of owning a Bee Organized franchise in those regions.