How many Exit franchise transfers occurred in New York during 2023?
Exit Franchise · 2025 FDDAnswer from 2025 FDD Document
I,MN,ND,SD,WI) | | | |
TABLE 2 TRANSFERS OF OUTLETS FROM FRANCHISEES TO NEW OWNERS (OTHER THAN THE FRANCHISOR) FOR YEARS 2022 TO 2024
| State | Year | Number of Transfers |
|---|
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 31–42)
What This Means (2025 FDD)
According to Exit's 2025 Franchise Disclosure Document, there was one franchise transfer in New York during 2023. This means that one existing Exit franchise location in New York was sold to a new owner during that year.
For a prospective franchisee, this information is relevant for a few reasons. First, it provides insight into the stability and desirability of Exit franchises in New York. A low number of transfers could indicate that franchisees are generally satisfied with their businesses. Conversely, a high number could signal potential issues with profitability or franchisee support.
Second, understanding transfer activity can help a potential franchisee gauge the market for resales. If they are considering buying an existing Exit franchise rather than starting a new one, knowing the frequency of transfers can inform their decision-making process and negotiation strategy. They should also inquire with Exit about the reasons for any transfers to better assess the health of the franchise system in New York.