How many Bimbo Foods Bakeries Distribution units were transferred in Illinois during 2023?
Bimbo_Foods_Bakeries_Distribution Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Illinois | 2022 | 16 |
| 2023 | 10 | |
| 2024 | 6 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 71–83)
What This Means (2025 FDD)
According to Bimbo Foods Bakeries Distribution's 2025 Franchise Disclosure Document, there were 10 transfers of units in Illinois during 2023. This figure represents the number of existing Bimbo Foods Bakeries Distribution franchises that were sold or otherwise transferred to new owners within the state during that year.
For a prospective franchisee, this number can provide insights into the stability and desirability of Bimbo Foods Bakeries Distribution franchises in Illinois. A higher number of transfers might suggest a more active market for franchise resales, potentially offering opportunities for entry at a lower initial investment than starting a new franchise. However, it could also indicate franchisees are choosing to leave the system.
Conversely, a lower number of transfers could imply greater franchisee satisfaction and stability, but might also mean fewer opportunities to acquire an existing Bimbo Foods Bakeries Distribution franchise. It is important to note that the FDD also lists the number of transfers in Illinois for 2022 (16 transfers) and 2024 (6 transfers), so a prospective franchisee can see how the number of transfers has changed over time.
It is important for potential franchisees to investigate the reasons behind franchise transfers, whether high or low, to fully understand the market dynamics and potential risks and opportunities associated with investing in a Bimbo Foods Bakeries Distribution franchise in Illinois.