How many Buildingstars franchises were transferred in New Jersey during 2023?
Buildingstars Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| 2022 | 0 | |
| Arizona | 2023 | 0 |
| 2024 | 0 | |
| 2022 | 0 | |
| Florida | 2023 | 0 |
| 2024 | 0 | |
| 2022 | 0 | |
| Georgia | 2023 | 1 |
| 2024 | 0 | |
| 2022 | 2 | |
| Illinois | 2023 | 1 |
| 2024 | 1 | |
| 2022 | 0 | |
| Indiana | 2023 | 0 |
| 2024 | 0 | |
| 2022 | 0 | |
| Kansas | 2023 | 0 |
| 2024 | 0 | |
| 2022 | 2 | |
| Missouri | 2023 | 1 |
| 2024 | 0 | |
| 2022 | 0 | |
| New Jersey | 2023 | 2 |
| 2024 | 0 | |
| 2022 | 0 | |
| North Carolina | 2023 | 0 |
| 2024 | 0 | |
| 2022 | 0 | |
| Pennsylvania | 2023 | 0 |
| 2024 | 0 | |
| 2022 | 0 | |
| South Carolina | 2023 | 0 |
| 2024 | 0 | |
| 2022 | 2 | |
| Texas | 2023 | 0 |
| 2024 | 0 | |
| 2022 | 0 | |
| Tennessee | 2023 | 0 |
| 2024 | 0 |
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 2 franchise transfers in New Jersey during 2023. This information is based on the table provided in Item 20, which outlines the number of franchise transfers by state and year. Franchise transfers occur when an existing franchisee sells their franchise to a new owner, which can happen for various reasons, such as retirement, relocation, or a change in business interests.
For a prospective Buildingstars franchisee, the number of transfers can be an important indicator of franchise health and stability. A high number of transfers might suggest issues within the franchise system, such as low profitability or dissatisfaction among franchisees. Conversely, a low number of transfers, as is the case for Buildingstars in New Jersey during 2023, could indicate a stable and successful franchise environment.
However, it's important to consider the context behind these numbers. Two transfers in a single year may not necessarily be a cause for concern, especially if the overall number of franchises in New Jersey is relatively high. It is advisable for potential franchisees to further investigate the reasons behind any franchise transfers to gain a more complete understanding. Talking to current and former franchisees can provide valuable insights into the franchise system and the factors that may influence franchise transfers.