What is the state with the highest number of Cinnaholic franchise transfers in 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, Texas, Indiana, and North Carolina each had the highest number of franchise transfers in 2024, with two transfers each. This information is valuable for prospective franchisees as it provides insight into the stability and turnover of Cinnaholic franchises in different states. A high number of transfers could indicate issues with profitability, franchisee satisfaction, or other factors that potential franchisees should investigate. Conversely, a low number of transfers might suggest a stable and successful franchise environment.
It is important to note that franchise transfers do not necessarily indicate failure or problems. Transfers can occur for various reasons, including franchisees retiring, relocating, or selling their business for personal reasons. However, it is crucial for potential franchisees to understand the reasons behind transfers in their target market to assess the overall health and attractiveness of the Cinnaholic franchise opportunity in that area.
Prospective franchisees should consider this data in conjunction with other information provided in the FDD, such as financial performance representations, franchisee contact information, and termination rates, to gain a comprehensive understanding of the Cinnaholic franchise system. Speaking with current and former franchisees can also provide valuable insights into the reasons behind franchise transfers and the overall experience of operating a Cinnaholic franchise in different states.