In which state did Ben Jerrys have the most franchise transfers in 2024?
Ben_Jerrys Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| New Hampshire | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 1 | |
| New Jersey | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 3 | |
| New York | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 0 | |
| North Carolina | 2022 | 0 |
| 2023 | 2 | |
| 2024 | 1 | |
| Ohio | 2022 | 1 |
| 2023 | 0 | |
| 2024 | 0 | |
| Rhode Island | 2022 | 2 |
| 2023 | 0 | |
| 2024 | 0 | |
| Tennessee | 2022 | 0 |
| 2023 | 2 | |
| 2024 | 0 | |
| Texas | 2022 | 1 |
| 2023 | 0 | |
| 2024 | 0 | |
| Virginia | 2022 | 1 |
| 2023 | 0 | |
| 2024 | 0 | |
| Washington | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 2 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 81–89)
What This Means (2025 FDD)
According to Ben Jerrys's 2025 Franchise Disclosure Document, New Jersey had the most franchise transfers in 2024 with a total of 3. Franchise transfers occur when an existing franchisee sells their business to a new owner, which can be an indicator of the health and desirability of the franchise locations within a specific state.
For a prospective Ben Jerrys franchisee, this information is valuable in assessing the stability and potential resale value of a franchise in different regions. A high number of transfers could indicate a strong market for resales, but it could also signal underlying issues that cause franchisees to sell their businesses. Conversely, a low number of transfers might suggest stability, but could also mean there's less opportunity to acquire existing, established locations.
It's important to note that the provided data only covers the years 2022 to 2024. To gain a comprehensive understanding, a potential franchisee should investigate transfer rates over a longer period and consider the reasons behind the transfers. This could involve speaking with current and former franchisees, as well as discussing these trends with Ben Jerrys's franchising team to understand the context and potential implications for their investment.