What was the total number of Better Blend outlet transfers in 2023?

According to Better Blend's 2024 Franchise Disclosure Document, there were zero outlet transfers in 2023. The provided table tracks transfers of outlets from franchisees to new owners, excluding transfers to the franchisor. This indicates that no existing Better Blend franchise locations were sold to a new franchisee during that year.

For a potential franchisee, a low number of transfers could be seen as a positive sign, suggesting that franchisees are generally satisfied with their businesses and are not looking to sell. However, it could also mean there is limited opportunity to acquire an existing Better Blend location, which might offer a quicker start-up time compared to building a new location.

It is important to note that this data only reflects transfers to new owners and does not include instances where the franchise was reacquired by Better Blend. Reviewing the complete Item 20 data in the FDD, including terminations, non-renewals, and re acquisitions, will provide a more comprehensive understanding of franchise turnover within the Better Blend system. Additionally, speaking with current and former franchisees can offer valuable insights into the reasons behind these figures.