What was the total number of C12 Group franchise transfers in 2024?
C12_Group Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| 2022 | 0 | |
| Colorado | 2023 | 1 |
| 2024 | 0 | |
| 2022 | 0 | |
| Delaware | 2023 | 0 |
| 2024 | 1 | |
| 2022 | 1 | |
| Virginia | 2023 | 0 |
| 2024 | 0 | |
| 2022 | 1 | |
| Total | 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 were a total of 2 franchise transfers in 2024. Specifically, there were 0 transfers in Colorado, 1 in Delaware, and 0 in Virginia, summing to the total of 2.
Franchise transfers occur when an existing franchisee sells their franchise to a new owner, subject to C12 Group's approval. A low number of transfers could indicate franchisee satisfaction or stringent transfer requirements. Conversely, a high number might suggest challenges within the franchise system.
Prospective franchisees should investigate the reasons behind any franchise transfers, whether by speaking with current and former franchisees or directly with C12 Group. Understanding the context of these transfers can provide valuable insights into the health and stability of the franchise system.