In what state did Cinnaholic have one outlet transfer in 2024?
Cinnaholic Franchise · 2025 FDDAnswer from 2025 FDD Document
ny | 2022 | 1 | 2 | +1 | | Owned | 2023 | 2 | 1 | -1 | | | 2024 | 1 | 1 | 0 | | Total | 2022 | 52 | 67 | +15 | | Outlets | 2023 | 67 | 81 | +14 | | | 2024 | 81 | 83 | +2 |
Table No. 2 Transfers of Outlets from Franchisees to New Owners (Other Than Franchisor) For years 2022/2023/2024
| State | Year | Number of Transfers |
|---|---|---|
| Alabama | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 1 | |
| Arizona | 2022 | 2 |
| 2023 | 0 | |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 55–61)
What This Means (2025 FDD)
According to Cinnaholic's 2025 Franchise Disclosure Document, several states experienced one outlet transfer during the 2024 fiscal year. Specifically, Alabama, Arizona, Florida, Illinois, and Washington each had one transfer. This information is based on the table provided in Item 20, which details the number of transfers by state and year.
For a prospective Cinnaholic franchisee, understanding the transfer activity can provide insights into the stability and desirability of existing locations. A transfer typically indicates a change in ownership, which could be due to various reasons such as the previous franchisee's decision to sell, retire, or pursue other opportunities.
While a single transfer might not be significant on its own, it's important to consider the context. For example, a high number of transfers in a particular state could signal underlying issues with the market or the franchise's performance in that area. Conversely, a low number of transfers could indicate franchisee satisfaction and stability. It would be prudent for potential franchisees to investigate the reasons behind any transfers in their target market to assess the potential risks and opportunities.
Overall, the data on outlet transfers provides a valuable piece of the puzzle when evaluating a Cinnaholic franchise opportunity. By analyzing these trends, prospective franchisees can make more informed decisions and better prepare for the challenges and rewards of owning a Cinnaholic franchise.