How many Cost Cutters Family Hair Salon outlets were transferred in Alabama during 2023?

According to the 2024 Cost Cutters Family Hair Salon Franchise Disclosure Document, there were zero transfers of outlets in Alabama during the fiscal year 2023. This information is based on Table No. 2, which specifically tracks transfers of outlets from franchisees to new owners, excluding transfers to the franchisor. The table provides a state-by-state breakdown of these transfers for the fiscal years 2021, 2022, and 2023.

For a prospective franchisee, this data indicates the recent history of franchise resales in Alabama. A low number of transfers could suggest stability within the Cost Cutters Family Hair Salon franchise network in that state. However, it could also mean there's a limited market for reselling franchises, which might affect an owner's exit strategy.

It's important to note that this table only accounts for transfers to new owners and does not include instances where the franchisor reacquired the outlet. A prospective franchisee should consider this information in conjunction with other data in Item 20, such as the number of terminations, non-renewals, and closures, to get a comprehensive view of franchise activity within specific states.