What was the total number of City Publications outlet transfers in 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 | ||
| 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 was one franchise outlet transfer in 2023. The FDD provides a table outlining the number of outlet transfers from franchisees to new owners for the years 2022 to 2024.
Specifically, the table indicates that in 2023, there was one transfer in total across all states. This information is valuable for potential franchisees as it provides insight into the stability and desirability of existing City Publications franchises. A low number of transfers could suggest that franchisees are generally satisfied with their businesses.
However, it's important to consider the context behind these numbers. A single transfer could be due to various reasons, such as franchisee retirement, relocation, or underperformance. Prospective franchisees should investigate further to understand the reasons behind any transfers and assess whether they indicate potential challenges or opportunities within the City Publications franchise system.