table_specific

What was the net change in the number of company-owned 1 800 Packouts outlets during 2023?

1_800_Packouts Franchise · 2025 FDD

Answer from 2025 FDD Document

Outlet Type Year Outlets at the Start Outlets at the End Net Change
of the Year of the Year
Franchised 2022 58 53 -5
2023 53 55 +2
2024 55 48 -7
Company- Owned 2022 1 1 0
2023 1 0 -1
2024 0 0 0
Total Outlets 2022 59 54 -5
2023 54 55 +1
2024 55 48 -7

Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 58–65)

What This Means (2025 FDD)

According to 1 800 Packouts's 2025 Franchise Disclosure Document, the net change in the number of company-owned outlets during 2023 was -1. This means that 1 800 Packouts had one fewer company-owned store at the end of 2023 than it did at the beginning of the year. At the start of 2023, 1 800 Packouts had one company-owned outlet, but by the end of the year, it had none.

For a prospective franchisee, this indicates that 1 800 Packouts may be moving away from operating company-owned stores and focusing more on franchising. This could mean that the franchisor's support and resources are more geared towards franchisees than company-owned operations. It may also suggest that the franchisor believes franchisees are better positioned to manage and grow the business in local markets.

It's important to note that the number of franchised outlets increased by two during 2023, from 53 to 55. This growth in franchised locations, coupled with the decrease in company-owned stores, could signal a strategic shift towards a franchise-focused business model for 1 800 Packouts. A potential franchisee should inquire about the reasons behind this shift and how it might affect the support and resources available to them.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.