How many City Publications outlets were transferred from franchisees to new owners in Tennessee during 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 |
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 Tennessee during 2024. The FDD provides a table that tracks these transfers. This information is crucial for potential franchisees as it offers insight into the stability and desirability of existing City Publications franchises within Tennessee.
The absence of transfers could indicate several things. It might suggest that franchisees in Tennessee are generally successful and satisfied with their businesses, leading them to retain ownership. Alternatively, it could reflect a limited market for resales, potentially due to factors like market saturation or financing challenges for prospective buyers.
A prospective City Publications franchisee should investigate further to understand the reasons behind the lack of transfers. This could involve speaking with current and former franchisees in Tennessee, as well as discussing market conditions and transfer policies with the franchisor. Understanding these dynamics is essential for assessing the long-term viability and potential resale value of a City Publications franchise in Tennessee.