How many Pump It Up franchises were transferred in Alabama during 2024?
Pump_It_Up Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers (2) |
|---|---|---|
| 2022 | 0 | |
| Alabama | 2023 | 0 |
| 2024 | 1 | |
| California | 2022 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 55–59)
What This Means (2025 FDD)
According to Pump It Up's 2025 Franchise Disclosure Document, there was one franchise transfer in Alabama during 2024. This information is based on data compiled as of December 31, 2024.
This means that one existing Pump It Up franchise location in Alabama was sold by its original franchisee to a new owner during that year. Franchise transfers are a normal part of the franchise lifecycle, as franchisees may decide to sell their businesses for various reasons, such as retirement or pursuing other opportunities.
For a prospective franchisee, understanding the number of transfers can provide insights into the stability and desirability of owning a Pump It Up franchise in a particular area. A high number of transfers might indicate challenges within the system, while a low number could suggest franchisee satisfaction. It's important to note that Exhibit I of the FDD identifies the franchisees who transferred their Pump It Up businesses.