What was the total number of Carls franchise transfers in Arizona during the year 2022?
Carls Franchise · 2024 FDDAnswer from 2024 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| AZ | 2022 | 0 |
| 2023 | 3 | |
| 2024 | 3 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 72–79)
What This Means (2024 FDD)
According to Carls's 2024 Franchise Disclosure Document, there were zero franchise transfers in Arizona during 2022. This information is based on data in Item 20, which covers outlet and franchisee information. The table specifically tracks the number of franchise transfers by state and year.
For a prospective franchisee, this data indicates the recent history of franchise ownership changes within the Carls system in Arizona. A low number of transfers could suggest stability among franchisees in the area. However, it is important to consider this data in conjunction with other factors, such as the number of restaurants that ceased operations or were terminated, to get a comprehensive understanding of franchisee turnover.
It is also important to note that the numbers provided in the FDD are as of the end of Carls's fiscal year, which runs from the Tuesday subsequent to the last Monday in January through the last Monday in January of the next calendar year. Therefore, the 2022 data reflects the period ending in January 2023. Reviewing transfer data over multiple years can provide a more complete picture of trends in franchise ownership within the Carls system.