How many Management Recruiters outlets were transferred in New Jersey during 2021?

According to Management Recruiters' 2024 Franchise Disclosure Document, there was one transfer of a Management Recruiters outlet in New Jersey during 2021. This information is part of a table detailing the transfers of outlets from franchisees to new owners, excluding transfers to the franchisor. The table covers the years 2021, 2022, and 2023.

For a prospective franchisee, this data point provides insight into the stability and desirability of Management Recruiters franchises in New Jersey. A low number of transfers could indicate that franchisees are generally successful and satisfied with their businesses. Conversely, a high number might suggest underlying issues with the franchise system or market conditions in that state.

It's important to note that this data only reflects transfers to new owners and does not include instances where the franchise was reacquired by Management Recruiters or ceased operations for other reasons. Reviewing transfer rates alongside other outlet data, such as openings, terminations, and non-renewals, can provide a more comprehensive understanding of the franchise's health and performance in specific regions.