How many City Wide franchises in California were transferred in 2023?

According to City Wide's 2025 Franchise Disclosure Document, there was one franchise transferred in California during 2023. This information is based on data collected regarding transfers of outlets from franchisees to new owners, excluding transfers back to City Wide itself.

Franchise transfers occur when an existing franchisee sells their business to a new owner. This can happen for various reasons, such as the franchisee retiring, pursuing other opportunities, or facing financial difficulties. The number of transfers can be an indicator of the health and stability of the franchise system. A low number of transfers, as seen in California for 2023, might suggest that franchisees are generally satisfied with their businesses.

For a prospective City Wide franchisee, understanding the transfer history is important. It can provide insights into how often franchisees choose to exit the system by selling their business. While one transfer in California during 2023 appears low, it's essential to consider the overall number of franchises in the state and the reasons behind the transfer to get a comprehensive understanding. Reviewing the performance and satisfaction levels of existing franchisees in California would offer further context.

It is also important to note that the FDD includes a list of franchisees who have left the system as of December 31, 2023, which may provide additional information on franchise exits, though not specifically transfers to new owners.