How many Cost Cutters Family Hair Salon outlets were transferred in Idaho during 2021?
Cost_Cutters_Family_Hair_Salon Franchise · 2024 FDDAnswer from 2024 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| 2021 | 0 | |
| Illinois | 2022 | 0 |
| 2023 | 8 | |
| 2021 | 0 | |
| Idaho | 2022 | 1 |
| 2023 | 2 |
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 Idaho during 2021. This data is based on Cost Cutters' fiscal year, which ends on June 30th.
This means that no existing Cost Cutters Family Hair Salon franchises in Idaho were sold to new owners during that period. For a prospective franchisee, this could indicate stability in the Idaho market, or it could reflect a lack of resale opportunities.
It's important to note that this data only reflects transfers to new owners and does not include closures, non-renewals, or other changes in ownership. Reviewing transfer data over multiple years, as presented in the FDD, can provide a more comprehensive understanding of market dynamics.