How many 1 800 Packouts franchises in Maryland were terminated in 2022?
1_800_Packouts Franchise · 2025 FDDAnswer from 2025 FDD Document
| MD | | | 2022 | 2 | 0 | 1 | 0 | 0 | 0 | 1 | | | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 58–65)
What This Means (2025 FDD)
According to the 2025 FDD, one 1 800 Packouts franchise in Maryland was terminated in 2022. The provided table in Item 20 of the FDD details franchise activity, including terminations, across different states and years. This information is crucial for prospective franchisees to understand the stability and success rate of franchises within specific regions.
Specifically, the table provides a breakdown of franchise terminations, non-renewals, and re acquisitions by the franchisor. For Maryland in 2022, there was one termination. This data helps potential franchisees assess the risks associated with investing in a 1 800 Packouts franchise in Maryland. It is important to note that terminations can occur for various reasons, including breaches of contract, poor performance, or mutual agreement between the franchisee and franchisor.
Reviewing historical data on franchise terminations, as presented in Item 20, is a standard practice in franchise due diligence. Prospective franchisees should investigate the reasons behind terminations to gain a comprehensive understanding of the franchise system's dynamics. This information, combined with conversations with current and former franchisees, can provide valuable insights into the potential challenges and opportunities of owning a 1 800 Packouts franchise.