What was the total number of Benjamin Franklin Plumbing franchise transfers across all states in 2022?
Benjamin_Franklin_Plumbing Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Alabama | 2022 | 0 |
| 2023 | 5 | |
| 2024 | 0 | |
| Arizona | 2023 | 2 |
| 2024 | 7 | |
| 2024 | 0 | |
| Florida | 2022 | 16 |
| 2023 | 11 | |
| 2024 | 0 | |
| Georgia | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 3 | |
| Minnesota | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 1 | |
| Missouri | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 0 | |
| Nebraska | 2022 | 0 |
| 2023 | 4 | |
| 2024 | 0 | |
| Nevada | 2022 | 5 |
| 2023 | 0 | |
| 2024 | 0 | |
| New Jersey | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 2 | |
| Ohio | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 2 | |
| State | Year | Number of Transfers |
| --- | --- | --- |
| Oklahoma | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 0 | |
| Pennsylvania | 2022 | 4 |
| 2023 | 0 | |
| 2024 | 7 | |
| Texas | 2022 | 3 |
| 2023 | 0 | |
| 2024 | 0 | |
| TOTALS | 2022 | 30 |
| 2023 | 28 | |
| 2024 | 15 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 78–87)
What This Means (2025 FDD)
According to Benjamin Franklin Plumbing's 2025 Franchise Disclosure Document, there were a total of 30 franchise transfers across all states in 2022. The FDD provides a table outlining the number of transfers per state for the years 2022, 2023, and 2024. This information is useful for prospective franchisees to understand the rate at which existing franchisees are selling their businesses to new owners.
The state with the highest number of transfers in 2022 was Florida, with 16 transfers. Nevada had 5 transfers, and Pennsylvania had 4. Texas saw 3 transfers. Alabama, Georgia, Minnesota, Missouri, Nebraska, New Jersey, Ohio, and Oklahoma all reported zero transfers in 2022.
Franchise transfers can occur for various reasons, such as the franchisee's retirement, a change in personal circumstances, or a desire to pursue other business ventures. A high number of transfers could indicate a healthy market for resales, but it could also signal potential issues within the franchise system that are causing franchisees to exit. Prospective franchisees should investigate the reasons behind transfers to assess the stability and attractiveness of the Benjamin Franklin Plumbing franchise opportunity.