What was the number of Cinnabon franchise transfers in New York during 2023?
Cinnabon Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number Of Transfers |
|---|---|---|
| 2022 | 4 | |
| New York | 2023 | 3 |
| 2024 | 1 |
Source: Item 20 — Outlets and Franchisee Information (FDD pages 104–113)
What This Means (2025 FDD)
According to Cinnabon's 2025 Franchise Disclosure Document, there were 3 franchise transfers in New York during 2023. This information is based on the table summarizing outlet transfers from franchisees to new owners. The data includes figures for 2022, 2023, and 2024, providing a historical view of franchise transfers within the Cinnabon system.
Franchise transfers can occur for various reasons, such as a franchisee deciding to retire, pursue other business ventures, or due to performance issues. A higher number of transfers in a particular area might indicate market challenges or franchisee turnover, while a lower number could suggest stability and satisfaction among franchisees. Prospective franchisees should consider these trends when evaluating the potential risks and opportunities associated with investing in a Cinnabon franchise in a specific state.
It's important to note that this data reflects only transfers to new owners and does not include instances where the franchise was reacquired by Cinnabon itself. Reviewing transfer rates alongside other performance metrics, such as store closures and new openings, can provide a more comprehensive understanding of the health and stability of the Cinnabon franchise system in New York and other states. This information is valuable for potential franchisees in assessing the long-term viability of a Cinnabon franchise.