How many transfers of Better Blend outlets from franchisees to new owners occurred in 2021?
Better_Blend Franchise · 2024 FDDAnswer from 2024 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| 2023 | 0 | |
| Total | 2021 | 0 |
| 2022 | 0 | |
| 2023 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 40–43)
What This Means (2024 FDD)
According to Better Blend's 2024 Franchise Disclosure Document, there were zero transfers of outlets from franchisees to new owners during the year 2021. This information is based on data reported in Item 20, which covers the years 2021 to 2023.
The absence of transfers in 2021 could indicate stability within the Better Blend franchise system, or it could simply reflect that no franchisees chose to sell their locations during that specific year. Potential franchisees should consider this information in the context of the overall number of outlets and the reasons why franchisees might choose to transfer their locations.
It's important to note that this data only reflects transfers to new owners other than the franchisor. Outlets reacquired by Better Blend are reported separately. A prospective franchisee should investigate the reasons for any past transfers to better understand the potential risks and opportunities associated with owning a Better Blend franchise.