What was the total number of Mr. Sandless franchise transfers in the USA during 2022?
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, there were a total of 3 franchise transfers in the USA during 2022. The FDD provides data on franchise transfers, which occur when an existing franchisee sells their business to a new owner. This information is useful for prospective franchisees to understand the resale market and the potential for transferring their own franchise in the future.
The data also shows the number of transfers in specific states. For example, in 2022, Colorado and Illinois each had 1 franchise transfer, while Massachusetts also had 1 transfer. This level of detail can help potential franchisees assess the stability and desirability of Mr. Sandless franchises in different geographic areas.
Reviewing franchise transfer data is a key part of due diligence. A high number of transfers could indicate issues with franchise profitability or franchisee satisfaction, while a low number might suggest a stable and successful franchise system. For Mr. Sandless, the relatively low number of transfers in 2022 may be a positive sign, but further investigation into the reasons for these transfers would be prudent for any prospective franchisee.