How many total Cd One Price Cleaners outlet transfers occurred in 2023?
Cd_One_Price_Cleaners Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Illinois | 2022 | 2 |
| 2023 | 4 | |
| 2024 | 2 | |
| Total | 2022 | 2 |
| 2023 | 4 | |
| 2024 | 2 |
Source: Item 20 — Outlets and Franchisee Information (FDD pages 68–72)
What This Means (2025 FDD)
According to Cd One Price Cleaners' 2025 Franchise Disclosure Document, there were a total of 4 outlet transfers in 2023. The table provided in Item 20 of the FDD details the number of outlet transfers from franchisees to new owners, excluding transfers back to the franchisor.
This information is valuable for prospective franchisees as it provides insight into the stability and desirability of existing Cd One Price Cleaners locations. A higher number of transfers could indicate franchisees are choosing to sell their businesses, which may be due to various factors such as profitability, personal reasons, or difficulties in managing the franchise. Conversely, a lower number could suggest greater franchisee satisfaction and business stability.
It is important to note that this data only reflects transfers to new owners and does not include outlets reacquired by Cd One Price Cleaners. Reviewing transfer rates in conjunction with other data, such as new store openings and terminations, can provide a more comprehensive understanding of the overall health and turnover within the Cd One Price Cleaners franchise system. A prospective franchisee should investigate the reasons behind any transfers to fully assess the opportunity.