In 2024, what was the total number of Caption By Hyatt franchised outlets that were transferred?
Caption_By_Hyatt Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| [All States] | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 0 | |
| Total | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 0 |
Source: Item 20 — Outlets and Franchisee Information (FDD pages 81–84)
What This Means (2025 FDD)
According to Caption By Hyatt's 2025 Franchise Disclosure Document, there were no transfers of franchised outlets to new owners in 2024. The provided table specifically tracks transfers of outlets from franchisees to new owners, and the data indicates zero transfers occurred across all states during that year. This suggests that no existing Caption By Hyatt franchises were sold or reassigned to different franchisees during this period.
For a prospective franchisee, this information can be interpreted in a few ways. On one hand, a lack of transfers could indicate stability within the Caption By Hyatt franchise system. It might suggest that franchisees are generally satisfied with their businesses and are not looking to sell. On the other hand, it could also mean that there is limited resale market for Caption By Hyatt franchises, potentially making it more difficult to exit the business if desired.
It's important to consider this data in conjunction with other factors, such as the number of new outlets opened and the number of terminations or non-renewals, to get a comprehensive understanding of the franchise system's dynamics. A prospective franchisee should inquire about the reasons for the lack of transfers and whether Caption By Hyatt has any policies or procedures in place to facilitate franchise resales.