How many Dryject franchises were transferred in Connecticut during 2022?
Dryject Franchise · 2025 FDDAnswer from 2025 FDD Document
| Net Change | |---|---|---|---|---| | Franchised | 2022 | 29 | 27 | -2 | | | 2023 | 27 | 29 | +2 | | | 2024 | 29 | 28 | -1 | | | | | | | | Company-Owned | 2022 | 0 | 0 | 0 | | | 2023 | 0 | 0 | 0 | | | 2024 | 0 | 0 | 0 | | | | | | | | Total Outlets | 2022 | 29 | 27 | -2 | | | 2023 | 27 | 29 | +2 | | | 2024 | 29 | 28 | -1 | | | | | | | The "company-owned" outlets referred to in this Table 1 were owned and operated by our affiliate.
Table No. 2 TRANSFERS OF OUTLETS FROM FRANCHISEES TO NEW OWNERS (OTHER THAN THE FRANCHISOR) FOR YEARS 2022 TO 2024
| State/Country | Year | Number of Transfers |
|---|---|---|
| Alabama | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 0 | |
| Arizona | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 0 | |
| California | 2022 | 1 |
| 2023 | 0 | |
| 2024 | 0 | |
| Colorado | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 0 | |
| --- | --- | --- |
| Connecticut | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 0 | |
| Delaware | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 0 | |
| Florida | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 0 | |
| Georgia | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 0 | |
| Illinois | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 0 | |
| Kentucky | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 0 | |
| Maine | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 0 | |
| Maryland | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 0 | |
| Massachusetts | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 0 | |
| Michigan | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 0 | |
| Minnesota | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 0 | |
| New Hampshire | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 0 | |
| --- | --- | --- |
| New York | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 0 | |
| New Jersey | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 0 | |
| North Carolina | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 0 | |
| Ohio | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 0 | |
| Oklahoma | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 0 | |
| Pennsylvania | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 0 | |
| South Carolina | 20 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 42–49)
What This Means (2025 FDD)
According to Dryject's 2025 Franchise Disclosure Document, there were no franchise transfers in Connecticut during 2022. This information is based on the table summarizing transfers of outlets from franchisees to new owners. The table provides a state-by-state breakdown of franchise transfers for the years 2022, 2023, and 2024.
For a prospective franchisee, a low number of transfers could be interpreted in several ways. It might suggest stability within the Dryject franchise system in Connecticut, indicating that franchisees are generally satisfied and not looking to sell their businesses. Alternatively, it could also mean that there is limited resale activity, which might make it harder to exit the business if the franchisee later decides to sell.
It is important to note that transfer numbers are just one factor to consider when evaluating a franchise opportunity. Prospective franchisees should also look at other factors such as the number of new outlets opened, terminations, and non-renewals to get a more complete picture of the health and stability of the Dryject franchise system. Speaking with current and former franchisees can also provide valuable insights into the transfer process and the overall experience of owning a Dryject franchise.
While the FDD provides data on franchise transfers, it's also crucial for potential franchisees to investigate the reasons behind any transfers. Understanding why franchisees choose to sell can offer valuable insights into potential challenges or opportunities within the Dryject system.