How many Cinnaholic outlets were transferred in Maryland during 2023?
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 Maryland during 2023. This information is based on the table provided in Item 20, which details the number of franchise transfers by state and year.
Franchise transfers occur when an existing franchisee sells their business to a new owner, subject to the franchisor's approval. A low number of transfers could indicate franchisee satisfaction or stability within the Cinnaholic system. However, a single transfer doesn't necessarily indicate a trend, and further investigation would be needed to understand the reasons behind the transfer.
Prospective franchisees should consider the number of transfers in their target market as part of their due diligence. Understanding the reasons for past transfers can provide valuable insights into the potential challenges and opportunities of owning a Cinnaholic franchise in that area. It is also important to compare these figures with industry averages to assess whether Cinnaholic's transfer rates are typical.