How many Management Recruiters outlets were transferred in Tennessee during 2022?

According to Management Recruiters' 2024 Franchise Disclosure Document, there was one transfer of a Management Recruiters outlet in Tennessee during 2022. This information is based on the table that summarizes outlet transfers from franchisees to new owners, excluding transfers to the franchisor. The table provides a state-by-state breakdown of these transfers for the years 2021, 2022, and 2023.

For a prospective franchisee, this indicates the relative stability and desirability of existing Management Recruiters franchise locations. A transfer means that a previous franchisee sold their business to a new owner, rather than the location simply closing. One transfer in Tennessee during 2022 suggests there was some demand for existing Management Recruiters businesses in that state.

It is important to note that this data only reflects transfers to new owners and does not include instances where Management Recruiters reacquired the outlet themselves. Reviewing transfer rates alongside new openings and terminations can provide a more complete picture of franchise performance and market dynamics within specific states.