How many franchise agreements have been signed for 7 Brew outlets in Maryland, but the outlets have not yet opened?
7_Brew Franchise · 2025 FDDAnswer from 2025 FDD Document
| Col. 2 Year | Col. 3 Outlets at Start of the Year | Col. 4 Outlets Opened | Col. 5 Outlets Reacquired From Franchisee | Col. 6 Outlets Closed | Col. 7 Outlets Sold to Franchisee | Col. 8 Outlets at End of the Year | |---|---|---|---|---|---|---| | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | | 2023 | 0 | 0 | 0 | 0 | 0 | 0 | | 2024 | 0 | 0 | 1 | 0 | 0 | 1 | | 2022 | 13 | 3 | 0 | 0 | 0 | 16 | | 2023 | 16 | 2 | 1 | 0 | 0 | 19 | | 2024 | 19 | 4 | 3 | 0 | 2 | 24 | Table No. 5 Projected Openings as of December 31, 2024
| State | Franchise Agreements Signed But Outlets Not Opened | Projected New Franchised Outlets In the Next Fiscal Year | Projected New Company-Owned Outlets In the Next Fisca
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 73–82)
What This Means (2025 FDD)
According to 7 Brew's 2025 Franchise Disclosure Document, as of December 31, 2024, there was one franchise agreement signed in Maryland for a 7 Brew outlet that had not yet opened. This means that a franchisee has secured the rights to open a 7 Brew location in Maryland, but the store is not yet operational.
For a prospective franchisee, this indicates the level of development activity in Maryland. It suggests that the market is not completely saturated, but there is already some presence. The FDD also projects 4 new franchised outlets in Maryland in the next fiscal year.
It's important to note that this figure represents a snapshot in time (December 31, 2024) and may have changed since then. A prospective franchisee should inquire about the current status of franchise development in Maryland to get the most up-to-date information.