In what year were there 6 Exit franchise transfers in Kentucky?

According to Exit's 2025 Franchise Disclosure Document, there were 6 franchise transfers in Kentucky during 2023. This information is based on the table provided in Item 20, which details the number of franchise transfers by state and year.

Franchise transfers occur when an existing franchisee sells their franchise to a new owner. A high number of transfers could indicate a healthy market for resales, but it could also signal that franchisees are struggling or looking to exit the system. Prospective franchisees should investigate the reasons behind transfers in specific states to understand the local market dynamics.

For Kentucky, the FDD shows that there were no transfers in 2022, six transfers in 2023, and one transfer in 2024. This suggests that 2023 was an unusually active year for franchise resales in Kentucky. A potential franchisee might want to ask Exit about the reasons for this spike in transfers to better assess the stability and performance of Exit franchises in that state.

Understanding the transfer history can provide valuable insights into the health and stability of the Exit franchise system in specific geographic areas. Reviewing these trends over multiple years, as presented in the FDD, is crucial for making an informed investment decision.