In what state did a Burneys Sweets More franchise transfer occur in 2023?
Burneys_Sweets_More Franchise · 2025 FDDAnswer from 2025 FDD Document
| STATE | YEAR | NUMBER OF TRANSFERS |
|---|---|---|
| North Carolina | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 0 | |
| Totals | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 1 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 48–50)
What This Means (2025 FDD)
According to Burneys Sweets More's 2025 Franchise Disclosure Document, a franchise transfer occurred in North Carolina during 2023. This information is based on a table that summarizes franchise transfers for the years 2022, 2023, and 2024.
For a prospective franchisee, this indicates that franchise resales are possible within the Burneys Sweets More system. A transfer means an existing franchisee sold their business to a new owner, rather than the franchise being terminated or closed. Knowing the frequency of transfers can provide insight into the stability and desirability of Burneys Sweets More franchises.
It is important to note that the FDD only provides the state where the transfer occurred, but does not offer details on the reasons for the transfer, the financial performance of the transferred franchise, or the terms of the transfer agreement. A prospective franchisee should consider asking Burneys Sweets More for more information on past transfers to fully understand the circumstances and potential implications.