How many Zoomin Groomin outlets in New York were transferred in 2023?
Zoomin_Groomin Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| New York | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 1 |
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 41–48)
What This Means (2025 FDD)
According to Zoomin Groomin's 2025 Franchise Disclosure Document, there was one transfer of a Zoomin Groomin outlet in New York during 2023.
This information is based on data reported by franchisees to Zoomin Groomin. A transfer occurs when a franchisee sells their existing outlet to a new owner, excluding transfers back to the franchisor. This statistic can be relevant to prospective franchisees as it provides insight into the resale market and the potential for recouping investment should they decide to sell their franchise in the future.
It is important to note that transfer numbers can fluctuate from year to year and may be influenced by various factors, such as economic conditions, franchisee performance, and local market dynamics. A single transfer in a given year does not necessarily indicate a lack of demand or profitability, but rather reflects the specific circumstances of the franchisee and the buyer involved in that transaction. Prospective franchisees should consider these transfer trends in conjunction with other performance metrics and market research to gain a comprehensive understanding of the franchise's potential.