How many City Publications outlets were transferred from franchisees to new owners in Tennessee during 2023?
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 |
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 was one transfer of a City Publications outlet from a franchisee to a new owner in Tennessee during 2023. The FDD provides data on outlet transfers for the years 2022 to 2024. This information is valuable for potential franchisees as it offers insight into the stability and desirability of existing City Publications franchises.
The transfer of an outlet could occur for various reasons, such as a franchisee retiring, relocating, or deciding to leave the City Publications system. Knowing the number of transfers can help a prospective franchisee assess the health of the franchise network in specific regions. A high number of transfers might indicate issues with profitability or franchisee satisfaction, while a low number could suggest stability.
It is important to note that the FDD only provides the number of transfers and does not explain the reasons behind them. A prospective City Publications franchisee should consider this data point in conjunction with other information in the FDD, such as franchisee turnover rates and financial performance representations, to gain a comprehensive understanding of the franchise opportunity. Speaking with current and former franchisees can also provide valuable context.
Franchise transfers are a normal part of any franchise system. Potential franchisees should inquire about the process for transferring a franchise, including any fees or requirements imposed by City Publications. Understanding these details is crucial for making an informed decision about investing in a City Publications franchise.