What was the total number of Better Blend franchise transfers in 2022?

According to the 2024 Better Blend Franchise Disclosure Document, there were zero franchise transfers in 2022. This information is found in Item 20, which covers outlets and franchisee information. Specifically, the table regarding transfers of outlets from franchisees to new owners indicates '0' transfers for the year 2022.

This means that no existing Better Blend franchisees sold their locations to new owners during that year. A potential franchisee might view this as a positive sign, suggesting that franchisees are generally satisfied with their businesses and are not looking to exit the system through transfers. However, it could also indicate a lack of liquidity in the market for Better Blend franchises, meaning it may be difficult to sell a franchise if the owner wishes to do so.

It's important for prospective franchisees to investigate the reasons behind the lack of transfers. They should speak with current and former franchisees to understand their experiences and whether they have considered selling their businesses. Additionally, understanding the criteria and process for transfers, as outlined in the franchise agreement, is crucial for anyone considering a Better Blend franchise.