What was the total number of Floyds 99 outlet transfers in 2024?
Floyds_99 Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Arkansas(2) | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 1 | |
| Nevada | 2022 | 1 |
| 2023 | 0 | |
| 2024 | 0 | |
| Texas(2) | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 23 | |
| Totals | 2022 | 1 |
| 2023 | 0 | |
| 2024 | 24 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 53–57)
What This Means (2025 FDD)
According to Floyds 99's 2025 Franchise Disclosure Document, there were a total of 24 outlet transfers in 2024. This number is derived from summing the transfers that occurred in Arkansas (1) and Texas (23) during that year.
Outlet transfers represent existing Floyds 99 locations that were sold to new owners, excluding transfers back to the franchisor. This information is valuable for potential franchisees as it provides insight into the stability and desirability of existing locations. A higher number of transfers could indicate a more active market for resales, while a lower number might suggest franchisees are holding onto their locations for longer periods.
It's important to note that the FDD provides this data on a state-by-state basis, allowing prospective franchisees to assess transfer activity in specific geographic areas of interest. Understanding the reasons behind these transfers, whether due to franchisee retirement, relocation, or other factors, can offer a deeper understanding of the franchise system's dynamics.