What was the total number of Dryject franchise transfers in 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 was a total of one franchise transfer in 2022. The data is broken down by state, showing that California had one transfer in 2022, while all other listed states had zero.
This information is relevant to potential franchisees as it provides insight into the stability and desirability of Dryject franchises. A low number of transfers could indicate franchisee satisfaction or a stable business model. Conversely, a high number might suggest challenges within the franchise system.
It's important to note that this data only reflects transfers to new owners other than the franchisor. Reacquisitions by Dryject are tracked separately. Reviewing transfer rates in conjunction with other data, such as terminations and non-renewals, can provide a more comprehensive understanding of franchisee turnover.