In what states did transfers of Fat Shack outlets from franchisees to new owners occur in 2023?
Fat_Shack Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Colorado | 2022 | 0 |
| 2023 | 2 | |
| 2024 | 1 | |
| Georgia | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 0 | |
| Illinois | 2022 | 1 |
| 2023 | 0 | |
| 2024 | 0 | |
| Kansas | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 1 | |
| Oklahoma | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 0 | |
| Tennessee | 2022 | 1 |
| 2023 | 0 | |
| 2024 | 0 |
Source: Item 20 — Outlets and Franchisee Information (FDD pages 49–52)
What This Means (2025 FDD)
According to Fat Shack's 2025 Franchise Disclosure Document, there were transfers of Fat Shack outlets from franchisees to new owners in multiple states during 2023. Specifically, there were two transfers in Colorado, one in Georgia, and one in Oklahoma.
This information is relevant for prospective franchisees as it provides insight into the resale market and the potential for transferring ownership of a Fat Shack franchise. A franchisee may want to understand the reasons behind these transfers and the conditions under which they occurred. Knowing the frequency of transfers in different states can help a potential franchisee assess the stability and desirability of Fat Shack franchises in those areas.
It is important to note that this data only reflects transfers to new owners other than the franchisor. Transfers back to Fat Shack are reported separately. A prospective franchisee should inquire about the reasons for transfers and the financial performance of transferred locations to gain a comprehensive understanding of the transfer landscape within the Fat Shack franchise system.