As of what fiscal year end date is the 1-800-GOT-JUNK? company-owned units status report?
1_800_Got_Junk Franchise · 2025 FDDAnswer from 2025 FDD Document
Table No. 4 STATUS OF COMPANY OWNED UNITS FOR YEARS 2022 to 2024 (As of fiscal years ended 12/31)
Source: Item 20 — Outlets and Franchisee Information (FDD pages 48–56)
What This Means (2025 FDD)
According to the 2025 1-800-GOT-JUNK? Franchise Disclosure Document, the status report for company-owned units is as of the fiscal year ended December 31. Specifically, Table No. 4 provides data on the status of company-owned units for the years 2022 to 2024, with all data calculated as of the end of each fiscal year on December 31. This information is crucial for prospective franchisees to understand the performance and changes in 1-800-GOT-JUNK?'s company-owned operations over the past three years.
This information is relevant for potential franchisees as it provides insight into 1-800-GOT-JUNK?'s corporate strategy regarding company-owned versus franchised locations. The table includes details such as the number of outlets at the start and end of each year, the number of outlets opened, reacquired from franchisees, closed, and sold to franchisees. By reviewing this data, prospective franchisees can assess the stability and growth of company-owned units and compare it to the performance of franchised businesses, as presented in other tables within Item 20.
Understanding the dynamics between company-owned and franchised units can help a potential franchisee gauge the level of competition or support they might expect from 1-800-GOT-JUNK?. For example, a significant increase in company-owned locations might suggest a strategic shift by the franchisor, while a decrease could indicate a greater focus on franchising. This information, combined with other data in the FDD, allows for a more informed decision about investing in a 1-800-GOT-JUNK? franchise.