How many Management Recruiters outlets were transferred from franchisees to new owners in Missouri during 2022?
Management_Recruiters Franchise · 2024 FDDAnswer from 2024 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| 2021 | 0 | |
| California | 2022 | 0 |
| 2023 | 1 | |
| 2021 | 0 | |
| Missouri | 2022 | 1 |
| 2023 | 0 | |
| 2021 | 1 | |
| New Jersey | 2022 | 0 |
| 2023 | 1 | |
| 2021 | 1 | |
| North Carolina | 2022 | 0 |
| 2023 | 0 | |
| 2021 | 0 | |
| Ohio | 2022 | 0 |
| 2023 | 1 | |
| 2021 | 0 | |
| Wisconsin | 2022 | 0 |
| 2023 | 1 | |
| 2021 | 0 | |
| Tennessee | 2022 | 1 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 58–65)
What This Means (2024 FDD)
According to Management Recruiters' 2024 Franchise Disclosure Document, there was one transfer of an outlet from a franchisee to a new owner in Missouri during 2022. This information is part of a table that tracks such transfers across different states and years. The table specifically documents transfers to new owners, excluding transfers back to the franchisor.
This data point is relevant for prospective franchisees as it provides insight into the stability and desirability of Management Recruiters franchises in Missouri. A higher number of transfers could indicate a more active market for franchise resales, while a lower number might suggest greater franchisee satisfaction or fewer opportunities for new entrants through transfers.
It is important to note that this transfer data only reflects completed transactions. It does not account for any attempted transfers that may have fallen through or the reasons behind these transfers. A prospective franchisee should consider this information in conjunction with other data, such as terminations and non-renewals, to gain a comprehensive understanding of franchise turnover within the Management Recruiters system.