In which states did Cinnaholic have zero franchise transfers in 2022?
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, several states reported zero franchise transfers during the 2022 fiscal year. Franchise transfers occur when an existing franchisee sells their franchise to a new owner. A low number of transfers can indicate franchisee satisfaction or stability within the Cinnaholic system.
The states that had no franchise transfers in 2022 include Alabama, Florida, Illinois, Indiana, Maryland, New Jersey, North Carolina, and Washington. These states may represent more stable markets for Cinnaholic, or it could simply reflect fewer franchise locations overall in those areas during that period.
A prospective franchisee might view this information as a positive sign, particularly if they are considering opening a Cinnaholic location in one of these states. However, it is essential to consider other factors, such as the number of outlets opened, terminations, and overall market performance, to gain a comprehensive understanding of the franchise's health in each state. Reviewing the data for subsequent years (2023 and 2024) provides a more complete picture of transfer trends.