How many Craters & Freighters franchise transfers occurred in New Jersey during 2024?
Craters_Freighters Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Arizona | 2022 2023 2024 | 1 0 0 |
| Arkansas | 2022 2023 2024 | 1 0 0 |
| Massachusetts | 2022 2023 2024 | 0 1 0 |
| New Jersey | 2022 2023 2024 | 0 0 2 |
| New York | 2022 2023 2024 | 0 0 1 |
| Ohio | 2022 2023 2024 | 0 0 1 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 45–49)
What This Means (2025 FDD)
According to Craters & Freighters' 2025 Franchise Disclosure Document, there were two franchise transfers in New Jersey during the year 2024. This information is based on data compiled by Craters & Freighters regarding transfers of outlets from franchisees to new owners, excluding transfers back to the franchisor itself.
This statistic is relevant for prospective franchisees as it provides insight into the stability and desirability of Craters & Freighters franchises in New Jersey. A higher number of transfers could indicate a more active market for resales, but it could also signal potential issues with franchise performance or franchisee satisfaction. Conversely, a low number of transfers might suggest stability, but could also mean there are fewer opportunities to acquire an existing Craters & Freighters business rather than starting from scratch.
It's important to note that this data only reflects transfers to new owners and does not include terminations, non-renewals, or instances where the franchise was reacquired by Craters & Freighters. Reviewing this transfer data in conjunction with other figures, such as the number of terminations and non-renewals, can provide a more comprehensive understanding of franchisee turnover within the Craters & Freighters system.