How many total franchised outlets of The Standardx were transferred in 2024?
The_Standardx Franchise · 2025 FDDAnswer from 2025 FDD Document
Table No. 2 Transfers of Outlets from Franchisees to New Owners (other than the Franchisor) For years 2022 to 2024
| State | Year | Number of Transfers |
|---|---|---|
| Total | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 81–85)
What This Means (2025 FDD)
According to The Standardx's 2025 Franchise Disclosure Document, there were zero transfers of franchised outlets to new owners in 2024. This information is detailed in Table No. 2, which specifically tracks transfers of outlets from franchisees to new owners, excluding transfers to the franchisor itself. The table covers the years 2022 through 2024, showing no transfers in any of those years.
This lack of transfers could indicate several things for a potential franchisee. It might suggest that The Standardx franchisees are generally successful and satisfied with their businesses, leading to less turnover. Alternatively, it could reflect a stringent transfer process or a limited market for resales of The Standardx franchises.
It is important to note that this table only accounts for transfers to new owners, not re acquisitions by The Standardx. A prospective franchisee should investigate further to understand the reasons behind the low transfer rate and whether this aligns with their investment goals and exit strategy. Understanding the broader context of franchisee satisfaction and the resale market is crucial for making an informed decision about investing in The Standardx franchise.