How many Buff City Soap franchise transfers occurred in Michigan during 2023?

According to Buff City Soap's 2025 Franchise Disclosure Document, there were 2 franchise transfers in Michigan during 2023. This information is based on Table No. 2, which tracks transfers of outlets from franchisees to new owners, excluding transfers back to Buff City Soap itself. The table provides a state-by-state breakdown of these transfers for the years 2022, 2023, and 2024.

For a prospective Buff City Soap franchisee, this data point offers insight into the resale market for existing franchises. A higher number of transfers might indicate a more active market for buying and selling franchises, while a lower number could suggest franchisees tend to hold onto their locations. However, it is important to consider the reasons behind these transfers, which could range from franchisees retiring to underperforming locations being sold.

It is also worth noting that this table only accounts for transfers to new owners and does not include instances where Buff City Soap reacquired the franchise. Therefore, the total number of franchise transitions could be higher if re acquisitions were included. Prospective franchisees should consider this information in conjunction with other data, such as outlet openings and closures, to gain a comprehensive understanding of franchise stability and turnover within the Buff City Soap system.