How many Cinnaholic outlets were transferred in Alabama during 2024?
Cinnaholic Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Alabama | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 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, there was one transfer of a Cinnaholic outlet in Alabama during 2024. This means that an existing Cinnaholic franchise location in Alabama was sold or otherwise transferred to a new franchisee during that year.
For a prospective franchisee, this information provides insight into the resale market for Cinnaholic franchises. A transfer indicates that an existing business changed ownership, which could be due to various reasons such as the previous owner retiring, relocating, or simply deciding to exit the business. It's important to note that a transfer is different from a new outlet opening, as it doesn't necessarily indicate growth in the number of Cinnaholic locations.
Understanding the number of transfers can help a potential franchisee assess the stability and desirability of Cinnaholic franchises in specific regions. Investigating the reasons behind transfers, when possible, can offer valuable insights into the challenges and opportunities within the Cinnaholic franchise system. This data, combined with other information in the FDD, can contribute to a more informed decision-making process.