How many Chicken Guy franchise transfers occurred in all states during 2022?

According to Chicken Guy's 2025 Franchise Disclosure Document, there were no franchise transfers in any state during 2022. The table provided in Item 20 of the FDD, titled "Transfers of Restaurants from Franchisees to New Owners (Other than to Chicken Guy or Its Affiliates) 2022 to 2024", indicates that the number of transfers in 'All States' was zero for the year 2022. This suggests that no existing Chicken Guy franchisees sold their restaurants to new owners during that period.

For a prospective franchisee, this information can be interpreted in a few ways. On one hand, a low number of transfers could indicate stability within the Chicken Guy franchise system, with franchisees generally satisfied and not looking to sell their businesses. On the other hand, it could also suggest that there may be challenges in selling a Chicken Guy franchise, potentially due to factors such as profitability, market conditions, or transfer restrictions imposed by the franchisor.

It is important to note that this data only reflects transfers to new owners other than Chicken Guy or its affiliates. Any transfers back to the company are not included in this count. A prospective franchisee should further investigate the reasons behind the lack of transfers and consider the potential implications for their own investment and exit strategy. Understanding the market demand for existing Chicken Guy franchises and the franchisor's policies on transfers is crucial for making an informed decision.