What is the highest number of Bens Soft Pretzels transfers in a single state during 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, the state with the highest number of franchise transfers in 2023 was Indiana, with a total of 6 transfers. This information is based on Table No. 2, which tracks transfers of outlets from franchisees to new owners, excluding transfers to the franchisor or its affiliates. This data point is important for prospective franchisees to consider, as a high number of transfers could indicate issues with franchisee profitability or satisfaction within a particular state.
Franchise transfers occur when an existing franchisee sells their business to a new owner. Monitoring transfer rates can provide insights into the health and stability of the franchise system. A high transfer rate might suggest that franchisees are struggling or looking to exit the business, while a low transfer rate could indicate stability and satisfaction among franchisees. It is important to note that transfers are a normal part of any franchise system as franchisees retire or pursue other opportunities, but unusually high numbers can be a red flag.
Prospective Bens Soft Pretzels franchisees should investigate the reasons behind the transfers in Indiana during 2023. This could involve speaking with current and former franchisees in that state to understand their experiences and challenges. Additionally, it would be prudent to ask the franchisor about the support and resources they provide to franchisees to help ensure their success and minimize the likelihood of transfers. Understanding the factors driving transfers can help a potential franchisee make a more informed decision about investing in a Bens Soft Pretzels franchise.