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

According to Cost Cutters Family Hair Salon's 2024 Franchise Disclosure Document, there were 4 transfers of outlets in Kentucky during the fiscal year 2023. This data is based on the table summarizing transfers of outlets from franchisees to new owners. The table provides a state-by-state breakdown of these transfers for the fiscal years 2021, 2022, and 2023.

For a prospective franchisee, this information indicates the level of franchise resales occurring within the Cost Cutters Family Hair Salon system. A higher number of transfers could suggest a more active market for existing franchises, potentially offering opportunities to acquire established locations. However, it could also signal franchisees choosing to exit the system, so further investigation is warranted.

It's important to note that these figures only represent transfers to new owners and do not include closures, non-renewals, or reacquisitions by the franchisor. Reviewing this transfer data in conjunction with other outlet data, such as openings, closures, and terminations, can provide a more comprehensive understanding of the stability and health of the Cost Cutters Family Hair Salon franchise system in Kentucky and other states.