In what state did Mr. Sandless have three franchise transfers in 2024?
Mr_Sandless Franchise · 2025 FDDAnswer from 2025 FDD Document
| 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 |
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, Texas was the only state to have three franchise transfers in 2024. The provided table summarizes franchise transfers across the U.S.
For a prospective franchisee, this information indicates the relative stability and desirability of Mr. Sandless franchises in different states. A high number of transfers could signal a healthy market for resales, but it could also indicate franchisees are struggling or looking to exit the business.
It is important to note that the number of transfers alone does not tell the whole story. A prospective franchisee should investigate the reasons behind the transfers, the financial performance of the transferred franchises, and the terms of the transfer agreements to fully understand the implications for their investment.