In 2023, how many Cinnaholic outlets were sold to a franchisee?
Cinnaholic Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets at Start of the Year | Outlets Opened | Outlets Reacquired From Franchisee | Outlets Closed | Outlets Sold to Franchisee | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|
| Florida | 2022 | 0 | 0 | 1 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 1 | 0 | |
| 2024 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Georgia | 2022 | 1 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 0 | 0 | 0 | 1 | |
| Total | 2022 | 1 | 0 | 1 | 0 | 0 | 2 |
| 2023 | 2 | 0 | 0 | 0 | 1 | 1 | |
| 2024 | 1 | 0 | 0 | 0 | 0 | 1 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 55–61)
What This Means (2025 FDD)
According to Cinnaholic's 2025 Franchise Disclosure Document, in 2023, one outlet in Florida was sold to a franchisee. Looking at the broader picture, across all states in 2023, only one Cinnaholic outlet was sold to a franchisee.
This information is valuable for potential franchisees as it provides insight into the transfer of existing Cinnaholic locations. The sale of an existing outlet can represent an opportunity to take over an established business, potentially with an existing customer base and operational history. However, it is important to investigate the reasons behind the sale, such as the previous franchisee's performance or personal circumstances, to assess the opportunity's viability.
It's also worth noting that the number of outlets sold to franchisees can vary significantly from year to year and from state to state. This could be influenced by factors such as the overall health of the franchise system, local market conditions, and the franchisor's strategy for managing and growing its network. Prospective franchisees should consider these trends and discuss them with Cinnaholic to understand the dynamics of outlet transfers within the system.