How many Hck Hot Chicken outlets in Virginia were sold to a franchisee in 2024?
Hck_Hot_Chicken Franchise · 2025 FDDAnswer from 2025 FDD Document
0 | 0 | 0 | 5 | | | 2024 | 5 | 6 | 0 | 0 | 0 | 2 | 9 | Table No. 4 Status of Company-Owned Outlets For Years 2022 - 2024
| Outlets | |||||||
|---|---|---|---|---|---|---|---|
| Outlets at | |||||||
| Outlets | Reacquired | Outlets | Outlets Sold | Outlets at End | |||
| State | Year | Start of | |||||
| Opened | From | Closed | to Franchisee | of Year | |||
| Year | |||||||
| Franchisee | |||||||
| VA | 2022 | 1 | 2 | 0 | 0 | 0 | 3 |
| 2023 | 3 | 0 | 0 | 1 | 0 | 2 | |
| 2024 | 2 | 0 | 0 | 0 | 1 | 1 | |
| 2022 | 1 | 2 | 0 | 0 | 0 | 3 | |
| Total Outlets |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 52–54)
What This Means (2025 FDD)
According to Hck Hot Chicken's 2025 Franchise Disclosure Document, one outlet in Virginia was sold to a franchisee in 2024. The table provides a breakdown of outlet activity by state and year, including the number of outlets sold to franchisees. This information is crucial for prospective franchisees as it offers insights into the brand's growth, stability, and franchisee activity within specific regions.
For a potential Hck Hot Chicken franchisee, this data indicates the level of market activity and brand presence in Virginia. The sale of an existing outlet to a new franchisee could signify a transfer of ownership, potentially due to the previous franchisee's decision to exit the business. This could be due to various reasons, such as retirement, relocation, or underperformance. Understanding the reasons behind such transfers can provide valuable context for a prospective franchisee.
It's important to note that while one outlet was sold to a franchisee in Virginia during 2024, the table also shows that there was one outlet at the end of the year. This suggests that the sale did not result in a net increase in the number of Hck Hot Chicken outlets in Virginia. Further investigation into the reasons behind the transfer and the overall performance of outlets in Virginia would be beneficial for anyone considering investing in a Hck Hot Chicken franchise in that state.
Reviewing this data in conjunction with other information in the FDD, such as financial performance representations and franchisee contact information, will provide a more comprehensive understanding of the Hck Hot Chicken franchise system and its potential for success in Virginia.