In which state were the most Mr. Sandless outlets transferred during 2023?

According to Mr. Sandless's 2025 Franchise Disclosure Document, North Carolina had the most outlet transfers in 2023 with a total of 4. This information is based on Table #2, which details the transfers of outlets from franchisees to new owners, excluding transfers back to Mr. Sandless itself. The table provides a state-by-state breakdown of these transfers for the years 2022, 2023, and 2024.

For a prospective Mr. Sandless franchisee, this data indicates the relative stability and resale activity of franchises in different states. A higher number of transfers might suggest a more active market for reselling franchises, but it could also signal potential challenges or turnover within those locations. Conversely, a low number of transfers could indicate stability, but also a less liquid market if a franchisee needs to sell.

It's important to note that this table only accounts for transfers to new owners and does not include outlets reacquired by Mr. Sandless. Therefore, the total number of franchise changes could be higher when including reacquisitions. A potential franchisee should investigate the reasons behind outlet transfers in specific states to understand the local market dynamics and potential risks or opportunities.

Overall, while North Carolina had the highest number of transfers in 2023, the numbers are relatively low across all states, suggesting a fairly stable franchise system. However, further investigation into the specific circumstances behind these transfers is advisable for anyone considering investing in a Mr. Sandless franchise.