table_specific

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

Better_Blend Franchise · 2024 FDD

Answer 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 outlet transfers in 2022. This information is gleaned from Item 20, which provides details on outlet and franchisee information, including the number of transfers. The table specifically lists the number of transfers for 2022 as 0.

This data point is crucial for potential franchisees as it provides insight into the stability and desirability of existing Better Blend franchises. A high number of transfers might indicate dissatisfaction among franchisees or difficulties in operating the business, whereas a low number, as seen here, could suggest a stable and well-supported franchise system.

It is important to note that this information pertains only to transfers, which are defined as the sale of an existing franchise unit from one franchisee to another. It does not include terminations, non-renewals, or closures, which are separate categories also detailed in Item 20. Reviewing these other categories alongside transfer data provides a more comprehensive understanding of franchisee turnover within the Better Blend system.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.