How many Buildingstars franchise transfers occurred in West Virginia during 2023?
Buildingstars Franchise · 2025 FDDAnswer from 2025 FDD Document
businesses similar to a franchise.
Table 7 Transfer of Outlets from Franchisees to New Owners (other than the Franchisor) For years 2022 to 2024
| State | Year | Number of Transfers |
|---|
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 34–43)
What This Means (2025 FDD)
According to Buildingstars' 2025 Franchise Disclosure Document, there were zero franchise transfers in West Virginia during 2023. This information is based on the table summarizing franchise transfers by state. The table also provides data for 2022 and 2024, showing zero transfers in West Virginia for those years as well.
For a prospective franchisee, this indicates that franchise transfers in West Virginia have been non-existent in recent years. A 'transfer' typically refers to an existing franchisee selling their franchise to a new owner. The absence of transfers could suggest stability within the Buildingstars franchise network in West Virginia, or it could indicate a lack of demand for existing franchises.
It is important to note that this data only reflects transfers reported to Buildingstars and included in the FDD. A prospective franchisee should consider this information in conjunction with other factors, such as the number of active franchises in West Virginia, the overall performance of those franchises, and the reasons why franchisees might choose to sell or not sell their businesses. Further due diligence, including speaking with existing and former franchisees, is recommended to gain a more complete understanding.