What was the total number of Burros Fries franchise transfers across all states in 2021?
Burros_Fries Franchise · 2024 FDDAnswer from 2024 FDD Document
| States with one or more Franchises | Year | Number of Transfers |
|---|---|---|
| CA | 2021 | 0 |
| 2022 | 0 | |
| 2023 | 0 | |
| Total | 2021 | 0 |
| 2022 | 0 | |
| 2023 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 50–53)
What This Means (2024 FDD)
According to the 2024 Burros Fries Franchise Disclosure Document, there were zero franchise transfers in 2021. The provided table specifically tracks the number of franchise transfers in California, and the total number of transfers across all states with Burros Fries franchises.
For a prospective franchisee, this indicates that existing franchisees did not sell or transfer their locations to new owners during that year. This could suggest stability within the Burros Fries franchise system, or it could be due to other factors such as the financial performance of the franchises or the terms of the franchise agreement.
It is important to note that this data only reflects transfers to new owners and does not include instances where the franchise was reacquired by Burros Fries itself. Reviewing transfer data over several years can provide a more comprehensive understanding of franchisee turnover and the overall health of the franchise system.