table_specific

What was the total number of Fat Shack franchise transfers in Illinois between 2022 and 2024?

Fat_Shack Franchise · 2025 FDD

Answer 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 was a total of one franchise transfer in Illinois between 2022 and 2024. Specifically, there was one transfer in 2022, and zero transfers in both 2023 and 2024. This information is based on the Item 20 table, which details the number of franchise transfers by state and year.

For a prospective franchisee, understanding the number of transfers can provide insights into the stability and desirability of Fat Shack franchises in a particular area. A high number of transfers might indicate issues with profitability or franchisee satisfaction, while a low number could suggest stability. However, it's important to consider the context, such as the total number of franchises in the state.

It is also important to note that transfers represent a change in ownership, not necessarily a closure or failure of the business. The Fat Shack location may continue to operate under new management. Prospective franchisees should investigate the reasons behind any transfers to fully understand the situation. They should also consider speaking with current and former franchisees in Illinois to gain a better understanding of the market and the franchise system.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.