In what state was there a transfer of a Kitchen Solvers outlet from a franchisee to a new owner in 2023?
Kitchen_Solvers Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Illinois | 2022 | 1 |
| 2023 | 0 | |
| 2024 | 0 | |
| Missouri | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 1 | |
| Wisconsin | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 1 | |
| Maryland | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 0 | |
| TOTAL | 2022 | 1 |
| 2023 | 1 | |
| 2024 | 2 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 44–48)
What This Means (2025 FDD)
According to Kitchen Solvers' 2025 Franchise Disclosure Document, there was one transfer of an existing Kitchen Solvers outlet from a franchisee to a new owner in 2023. This transfer occurred in Maryland.
This information is relevant to potential franchisees as it provides insight into the stability and transferability of Kitchen Solvers franchises. Knowing that a transfer occurred indicates that franchisees have the option to sell their business to another owner, which can be an important consideration for long-term planning and potential exit strategies.
It is important to note that the FDD only provides data on transfers that have occurred. Prospective franchisees should further investigate the reasons behind franchise transfers and the financial implications of buying or selling an existing Kitchen Solvers franchise. This information can be obtained by speaking with current and former franchisees, as well as directly with the Kitchen Solvers franchisor.