How many Mr. Sandless outlets were transferred in North Carolina during 2023?
Mr_Sandless Franchise · 2025 FDDAnswer from 2025 FDD Document
173 | 9 | | | 2023 | 172 | 189 | 16 | | | 2024 | 189 | 198 | 9 | Table #2 Transfers of Outlets from Franchisees to New Owners (other than the Franchisor) Years 2022, 2023, 2024
| State | Year | Number of Transfers | ||
|---|---|---|---|---|
| USA | ||||
| Colorado | 2022 2023 2024 | 1 1 0 | ||
| Illinois | 2022 2023 2024 | 1 0 0 | ||
| Massachusetts | 2022 2023 2024 | 1 0 0 | ||
| Michigan | 2022 2023 2024 | 0 2 0 | ||
| New York | 2022 2023 2024 | 0 1 0 | ||
| North Carolina | 2022 2023 2024 | 0 4 0 | ||
| Texas | 2022 2023 2024 | 0 0 3 | ||
| USA Total | 2022 2023 2024 | 3 7 3 | **Table #3 Status of Franchised Outlets Ye |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 36–41)
What This Means (2025 FDD)
According to Mr. Sandless's 2025 Franchise Disclosure Document, there were 4 outlet transfers in North Carolina during 2023. The provided table, titled "Table #2 Transfers of Outlets from Franchisees to New Owners (other than the Franchisor) Years 2022, 2023, 2024", details the number of franchise resales that occurred in various states over the past three years. This information is crucial for prospective franchisees as it provides insight into the stability and desirability of existing Mr. Sandless franchises.
The transfer of an outlet typically indicates that an existing franchisee is selling their business to a new owner. A high number of transfers could suggest various factors, such as franchisees retiring, relocating, or facing financial difficulties. Conversely, a low number of transfers might indicate franchisee satisfaction and business stability. In the case of North Carolina, the 4 transfers in 2023 could be a point of interest for potential franchisees to investigate further.
It is important to note that the table specifically refers to transfers from franchisees to new owners, excluding transfers back to Mr. Sandless itself. This distinction is relevant because re acquisitions by the franchisor might signal different underlying issues compared to franchisee-to-franchisee sales. A prospective franchisee should consider this data in conjunction with other information, such as the number of terminations and non-renewals, to gain a comprehensive understanding of the franchise system's health in North Carolina.
For a potential Mr. Sandless franchisee, understanding the reasons behind these transfers is essential. Speaking with current and former franchisees in North Carolina could provide valuable context and help assess the opportunities and challenges associated with operating a Mr. Sandless franchise in that state. Further investigation into the performance and satisfaction of franchisees in North Carolina would be prudent before making a final investment decision.