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What was the total number of Mr. Sandless outlet transfers in the USA during 2023?

Mr_Sandless Franchise · 2025 FDD

Answer 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 7 outlet transfers in the USA during 2023. This information is based on data compiled by Mr. Sandless regarding the transfers of franchise locations to new owners.

Specifically, the FDD provides a table outlining the number of transfers in various states for the years 2022, 2023, and 2024. For 2023, the data shows the total number of transfers across all listed states. These transfers represent existing Mr. Sandless franchise locations that were sold or otherwise transferred to new franchisees during that year.

For a prospective franchisee, this information indicates the level of activity in the resale market for Mr. Sandless franchises. A higher number of transfers could suggest a more liquid market, while a lower number might indicate fewer opportunities to acquire existing businesses. It is important to note that the transfer numbers do not reflect the performance or profitability of the transferred outlets, and further due diligence would be required to assess the value of any specific transfer opportunity.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.