How many Cinnaholic outlets were transferred in Washington during 2024?
Cinnaholic Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Washington | 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 Washington during 2024. This information is based on the table provided in Item 20, which details the number of transfers by state and year. Reviewing this table gives prospective franchisees insight into the ownership changes within the Cinnaholic system.
Franchise transfers can occur for various reasons, such as a franchisee selling their business to a new owner, or the franchisor reacquiring the location. One transfer in a state like Washington may not be a significant cause for concern, but it's a data point worth considering in the context of overall franchise stability and franchisee satisfaction. High transfer rates could indicate underlying issues within the franchise system, such as low profitability or disputes between franchisees and the franchisor.
For a potential Cinnaholic franchisee, understanding the reasons behind transfers is crucial. It would be prudent to ask Cinnaholic about the circumstances surrounding the transfer in Washington. This inquiry could reveal whether the transfer was a positive move, such as a successful franchisee selling for a profit, or a negative one, such as a struggling franchisee exiting the system. This information, combined with data on terminations and non-renewals, can provide a more complete picture of the health and stability of the Cinnaholic franchise network.