How many Buildingstars outlets were transferred in New Jersey during 2023?
Buildingstars Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| 2022 | 807 | 909 | +102 | |
| Franchised | 2023 | 909 | 1,060 | +151 |
| 2024 | 1,060 | 1,179 | +119 | |
| 2022 | 9 | 12 | +3 | |
| Company-Owned | 2023 | 12 | 13 | +1 |
| 2024 | 13 | 14 | +1 | |
| 2022 | 816 | 921 | +105 | |
| Total Outlets | 2023 | 921 | 1073 | +152 |
| 2024 | 1,073 | 1,193 | +120 |
Table 2 Transfer of Outlets from Franchisees to New Owners (other than the Franchisor) For years 2022 to 2024
| State | Year | Number of
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 outlet transfers in New Jersey during 2023. This information is based on data compiled regarding the transfer of outlets from franchisees to new owners, excluding transfers to Buildingstars itself.
For a prospective franchisee, this indicates the level of franchise resales within the New Jersey market. A higher number of transfers could suggest a more active market for buying and selling existing franchises, potentially offering opportunities for entry or exit. However, it could also signal underlying issues with franchise performance or franchisee satisfaction that lead to these sales.
It's important to consider the reasons behind these transfers. Were they due to franchisees retiring, relocating, or struggling with the business? Understanding the context behind the transfers can provide a more nuanced view of the health and stability of Buildingstars franchises in New Jersey. Reviewing transfer rates in other states can provide a comparative perspective.
Overall, while the transfer rate is a useful metric, prospective franchisees should investigate further to understand the reasons behind the transfers and assess the overall health and potential of Buildingstars franchises in New Jersey.