How many Fly To Fit franchised outlets were transferred to new owners in 2021?
Fly_To_Fit Franchise · 2024 FDDAnswer from 2024 FDD Document
[Item 20: OUTLETS AND FRANCHISEE INFORMATION]
Table 2 Transfers of Outlets from Franchisees to New Owners (other than the Franchisor) For Years 2021 to 2023
| State | Year | Number of Transfers |
|---|---|---|
| N/A | 2021 | 0 |
| 2022 | 0 | |
| 2023 | 0 | |
| Total | 2021 | 0 |
| 2022 | 0 | |
| 2023 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 41–44)
What This Means (2024 FDD)
According to Fly To Fit's 2024 Franchise Disclosure Document, there were no transfers of franchised outlets to new owners in 2021. The FDD provides data on outlet transfers from 2021 to 2023.
Specifically, the table regarding transfers of outlets from franchisees to new owners indicates that the number of transfers in 2021 was zero. This suggests that no existing Fly To Fit franchises were sold to new franchisees during that year.
For a prospective franchisee, this information can be useful in understanding the stability and transfer activity within the Fly To Fit franchise system. A low number of transfers could indicate franchisee satisfaction or limited resale opportunities. It is important to further investigate the reasons behind the transfer numbers by speaking with current and former franchisees and asking Fly To Fit for more details on franchise resales and transfers.