How many City Publications outlets were transferred from franchisees to new owners in 2022?
City_Publications Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at The Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| Franchised | 2022 | 39 | 37 | -2 |
| 2023 | 37 | 36 | -1 | |
| 2024 | 36 | 40 | +4 | |
| Company Owned | 2022 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | |
| 2043 | 0 | 0 | 0 | |
| Total Outlets | 2022 | 39 | 37 | -2 |
| 2023 | 37 | 36 | -1 | |
| 2024 | 36 | 40 | +4 | |
| Table No. 2 TRANSFERS OF OUTLETS FROM FRANCHISEES TO NEW OWNERS | Table No. 2 TRANSFERS OF OUTLETS FROM FRANCHISEES TO NEW OWNERS | |||
| (Other than the franchisor) FOR YEARS 2022 to 2024 | ||||
| STATE | YEAR | NUMBER OF TRANSFERS | ||
| Tennessee | 2022 2032 2024 | 0 1 0 | ||
| Totals | 2021 2023 2024 Table No. 3 STATUS OF FRANCHISED OUTLETS FOR YEARS 2022 to 2024 | 0 1 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION Systemwide Outlet Summary For years 2022 to 2024 (FDD pages 32–38)
What This Means (2025 FDD)
According to City Publications' 2025 Franchise Disclosure Document, there were zero transfers of outlets from franchisees to new owners in 2022. The provided table, titled "TRANSFERS OF OUTLETS FROM FRANCHISEES TO NEW OWNERS (Other than the franchisor) FOR YEARS 2022 to 2024", indicates that in Tennessee, there were zero transfers in 2022, 2032, and 2024. The totals row also shows zero transfers in 2021, 2023, and 2024.
This information is relevant for prospective franchisees as it provides insight into the stability and transferability of City Publications franchises. A high number of transfers might indicate difficulties in operating the franchise or dissatisfaction among franchisees. The absence of transfers in 2022 suggests that franchisees were not selling their businesses to other owners during that period.
It is important to note that this table only accounts for transfers to new owners other than the franchisor. Transfers back to City Publications would be recorded elsewhere, if they occurred. A prospective franchisee may want to inquire about the reasons for the lack of transfers and whether this is a typical pattern for City Publications.