How many Cost Cutters Family Hair Salon outlets were transferred in Alabama during 2022?
Cost_Cutters_Family_Hair_Salon Franchise · 2024 FDDAnswer from 2024 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| 2021 | 2 | |
| Alabama | 2022 | 0 |
| 2023 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 67–76)
What This Means (2024 FDD)
According to Cost Cutters Family Hair Salon's 2024 Franchise Disclosure Document, there were zero transfers of outlets in Alabama during 2022. This data is based on transfers of outlets from franchisees to new owners, excluding transfers to the franchisor. The information is part of a table summarizing outlet transfers for the years ending June 30, 2021, 2022, and 2023.
This means that no existing Cost Cutters Family Hair Salon franchises in Alabama were sold to new franchisees during that year. A prospective franchisee might view this as a sign of stability or potentially limited resale opportunities within the state during that period.
It is important to note that this data only reflects transfers to new owners and does not include instances where the franchisor reacquired the outlet. Reviewing transfer data over several years can provide insights into the health and desirability of Cost Cutters Family Hair Salon franchises in specific regions.