What is the difference between the total number of Bens Soft Pretzels franchise transfers in 2022 and 2023?
Bens_Soft_Pretzels Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| 2022 | 1 | |
| Florida | 2023 | 2 |
| 2024 | 0 | |
| 2022 | 1 | |
| Illinois | 2023 | 0 |
| 2024 | 0 | |
| 2022 | 4 | |
| Indiana | 2023 | 6 |
| 2024 | 1 | |
| 2022 | 0 | |
| Michigan | 2023 | 0 |
| 2024 | 1 | |
| 2022 | 2 | |
| Ohio | 2023 | 0 |
| 2024 | 1 | |
| 2022 | 0 | |
| Texas | 2023 | 0 |
| 2024 | 1 | |
| 2022 | 1 | |
| Wisconsin | 2023 | 2 |
| 2024 | 0 | |
| 2022 | 9 | |
| Total | 2023 | 10 |
| 2024 | 4 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 42–46)
What This Means (2025 FDD)
According to Bens Soft Pretzels's 2025 Franchise Disclosure Document, there was a slight increase in the total number of franchise transfers between 2022 and 2023. In 2022, the total number of franchise transfers was 9, while in 2023, this number increased to 10. This means there was one more franchise transfer in 2023 than in 2022.
This information is relevant for prospective franchisees as it provides insight into the stability and desirability of Bens Soft Pretzels franchises. A higher number of transfers could indicate franchisees are selling their businesses, which may be due to various reasons such as poor performance, retirement, or other personal circumstances. However, without additional context, it's difficult to determine the exact reasons behind these transfers.
It's important to note that the number of transfers can be influenced by various factors, including the overall economic climate, the specific location of the franchise, and the individual performance of each franchise unit. A prospective franchisee should investigate the reasons behind these transfers by speaking with current and former franchisees, as well as the franchisor, to gain a better understanding of the franchise system's health and stability. While a small increase may not be significant on its own, it's a data point to consider as part of a broader due diligence process.