How many Cinnaholic outlets were transferred in Illinois during 2024?
Cinnaholic Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Alabama | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 1 | |
| Arizona | 2022 | 2 |
| 2023 | 0 | |
| 2024 | 1 | |
| Florida | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 1 | |
| Georgia | 2022 | 2 |
| 2023 | 0 | |
| 2024 | 0 | |
| Illinois | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 1 | |
| Indiana | 2022 | 0 |
| ---------------- | ------ | ---- |
| 2023 | 0 | |
| 2024 | 2 | |
| Maryland | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 0 | |
| New Jersey | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 0 | |
| North Carolina | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 2 | |
| Texas | 2022 | 1 |
| 2023 | 0 | |
| 2024 | 2 | |
| Washington | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 1 | |
| Total | 2022 | 5 |
| 2023 | 4 | |
| 2024 | 11 |
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 Illinois during 2024. This information is based on the table provided in Item 20, which details the number of transfers by state and year.
For a prospective franchisee, outlet transfers can be relevant for a few reasons. A transfer could represent an opportunity to acquire an existing Cinnaholic location rather than starting from scratch. It could also signal changes in the market or the performance of existing franchises.
It's important to note that the number of transfers can vary significantly from year to year and state to state, as seen in the table. A high number of transfers in a particular area might warrant further investigation into the reasons behind those changes. A prospective Cinnaholic franchisee should consider this data as part of their due diligence process, and discuss any concerns with the franchisor.