What was the total number of Buildingstars franchise transfers in Illinois during the years 2022, 2023, and 2024?
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 o
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 34–43)
What This Means (2025 FDD)
According to Buildingstars' 2025 Franchise Disclosure Document, the total number of franchise transfers in Illinois for the past three years is as follows: In 2022, there were 2 transfers, in 2023 there was 1 transfer, and in 2024 there was 1 transfer. This means that over the three-year period from 2022 to 2024, there were a total of 4 Buildingstars franchise transfers in the state of Illinois.
Franchise transfers can occur for various reasons, such as a franchisee selling their business to a new owner, or the franchise being reacquired by Buildingstars. A high number of transfers could indicate instability or difficulty in maintaining successful franchise operations, while a low number might suggest stability within the franchise system.
For a prospective Buildingstars franchisee, these transfer numbers offer some insight into the Illinois market. It would be prudent to investigate the reasons behind these transfers to better understand the local market dynamics and potential challenges or opportunities. Understanding the context behind these figures can help a potential franchisee assess the risks and rewards associated with investing in a Buildingstars franchise in Illinois.