For the Cost Cutters Family Hair Salon franchise, what period do the transfer statistics cover?

According to Cost Cutters Family Hair Salon's 2024 Franchise Disclosure Document, the transfer statistics in Table No. 2 cover the years ending June 30, 2021, June 30, 2022, and June 30, 2023. This table specifically refers to transfers of outlets from franchisees to new owners, excluding transfers to the franchisor.

For a prospective franchisee, this information is useful for understanding the rate at which existing Cost Cutters Family Hair Salon franchisees are selling their businesses to new owners. A high number of transfers could indicate various factors, such as franchisee dissatisfaction, lack of profitability, or franchisees reaching retirement age. Conversely, a low number of transfers might suggest stability and satisfaction within the franchise system.

It's important to note that these statistics only reflect transfers to new owners other than the franchisor. Transfers back to Regis Corp, the parent company, are not included in these figures. A prospective franchisee should analyze these transfer trends in conjunction with other data in the FDD, such as outlet openings, closures, and terminations, to gain a comprehensive understanding of the health and stability of the Cost Cutters Family Hair Salon franchise system.