How many C12 Group franchises were transferred in Virginia during 2022?
C12_Group Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Virginia | 2022 | 1 |
| 2023 | 0 | |
| 2024 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 41–46)
What This Means (2025 FDD)
According to C12 Group's 2025 Franchise Disclosure Document, there was one franchise transferred in Virginia during 2022. This information is based on data compiled by C12 Group regarding franchise transfers to new owners, excluding transfers back to the franchisor.
Franchise transfers can occur for various reasons, such as a franchisee deciding to retire, pursue other business ventures, or due to personal circumstances. The number of transfers can be an indicator of franchise health and franchisee satisfaction, although a single year's data should be viewed in the context of longer-term trends.
Prospective franchisees should inquire about the reasons for any franchise transfers and the overall health and stability of the C12 Group franchise system in specific regions. Understanding the reasons behind transfers can provide valuable insights into the potential challenges and opportunities within the franchise.