How many Cinnaholic outlets were transferred in Florida during 2024?
Cinnaholic Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Florida | 2022 | 0 |
| 2023 | 1 | |
| 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 Florida during 2024. This information is based on the table provided in Item 20, which tracks the number of franchise transfers by state and year. A transfer occurs when an existing franchisee sells their Cinnaholic business to a new owner, who then takes over the franchise agreement.
For a prospective Cinnaholic franchisee, understanding the transfer activity can provide insights into the stability and desirability of existing locations. A higher number of transfers might indicate a more active market for resales, while a lower number could suggest that franchisees are generally satisfied with their businesses and are not looking to sell.
However, it's important to consider the context behind these numbers. A single transfer in Florida during 2024 doesn't necessarily indicate a problem or a success. Further investigation would be needed to understand the reasons for the transfer, such as the franchisee's personal circumstances, the performance of the location, or other factors. Prospective franchisees should discuss transfer trends with Cinnaholic to gain a deeper understanding of the dynamics within the franchise system.
Overall, the transfer data provides a snapshot of ownership changes within the Cinnaholic system and can be a useful data point for potential franchisees as they evaluate the opportunity.