What was the total number of C12 Group franchise transfers in 2022?
C12_Group Franchise · 2025 FDDAnswer from 2025 FDD Document
[Item 20: OUTLETS AND FRANCHISEE INFORMATION]
| State | Year | Number of Transfers |
|---|---|---|
| Colorado | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 0 | |
| Delaware | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 1 | |
| Virginia | 2022 | 1 |
| 2023 | 0 | |
| 2024 | 0 | |
| Total | 2022 | 1 |
| 2023 | 1 | |
| 2024 | 2 |
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 a total of 1 franchise transfer in 2022. The table provided in Item 20 of the FDD outlines the number of transfers from 2022 to 2024. The data is broken down by state, showing that Colorado had 0 transfers, Delaware had 0 transfers, and Virginia had 1 transfer in 2022. The total number of transfers across all states in 2022 was 1.
For a prospective franchisee, this information indicates the relative stability of C12 Group franchises. A low number of transfers could suggest that franchisees are generally satisfied with their businesses and are not frequently seeking to sell them. However, it is important to consider the reasons behind any transfers that do occur, as they could be due to various factors such as retirement, personal circumstances, or underperformance.
It's also worth noting that franchise transfers typically involve a process where the franchisor must approve the new owner. This ensures that the new franchisee meets the necessary qualifications and is a good fit for the C12 Group system. Reviewing the history of franchise transfers can provide insights into the brand's transfer process and the types of candidates that are approved as new franchisees.
While a low number of transfers might seem positive, prospective franchisees should also investigate the number of terminations, non-renewals, and reacquired franchises to get a comprehensive understanding of franchisee turnover within the C12 Group system. All of these factors combined can offer a more complete picture of the health and stability of the franchise network.