In 2024, how many Hawaiian Bros Island Grill outlets were sold to franchisees in Texas?
Hawaiian_Bros_Island_Grill Franchise · 2025 FDDAnswer from 2025 FDD Document
For Years 2022 to 2024
| (1) State | (2) Year | (3) Outlets at Start of the Year | (4) Outlets Opened | (5) Outlets Reacquired From Franchisee | (6) Outlets Closed | (7) Outlets Sold to Franchisee | (8) Outlets at End of the Year |
|---|---|---|---|---|---|---|---|
| Arkansas | 2022 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 1 | 0 | 0 | 1 | 0 | |
| 2024 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Illinois |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 73–77)
What This Means (2025 FDD)
According to Hawaiian Bros Island Grill's 2025 Franchise Disclosure Document, in 2024, 3 outlets were sold to franchisees in Texas. This information is based on the table summarizing transfers of outlets from franchisees to new owners.
This indicates that existing Hawaiian Bros Island Grill franchisees in Texas may have chosen to sell their locations to new franchisees. This could be for a variety of reasons, such as retirement, pursuing other business ventures, or not meeting performance expectations.
For a potential new Hawaiian Bros Island Grill franchisee, this information highlights the possibility of acquiring existing locations rather than always building new ones from the ground up. Acquiring an existing store can sometimes offer advantages like an established customer base and trained staff, but it's crucial to investigate the reasons behind the sale and conduct thorough due diligence.