How many City Publications outlets were transferred from franchisees to new owners in 2024?
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 2024. The provided table, titled "TRANSFERS OF OUTLETS FROM FRANCHISEES TO NEW OWNERS (Other than the franchisor) FOR YEARS 2022 to 2024," indicates that in 2024, the number of transfers totaled zero. This suggests that no existing City Publications franchises were sold to new franchisees during that year within the reporting scope of the FDD.
For a prospective franchisee, this information is relevant in understanding the stability and transferability of City Publications franchises. A low number of transfers could indicate franchisee satisfaction or a rigorous screening process for potential buyers. Conversely, it could also suggest challenges in selling an existing franchise, which might be due to financial performance or other factors.
It is important to note that this data only reflects transfers to new owners other than the franchisor. The FDD does not specify whether City Publications reacquired any franchises during this period. A potential franchisee should inquire about the reasons for the low transfer rate and whether City Publications has a policy or process for facilitating franchise resales. Understanding these factors can help a prospective franchisee assess the liquidity of their investment and the potential for future resale.