How many 7 Brew outlets opened in Michigan during 2024?
7_Brew Franchise · 2025 FDDAnswer from 2025 FDD Document
No. 3
Status of Franchised Outlets For years 2022 to 2024
| Col. 1 | Col. 2 | Col. 3 | Col. 4 | Col. 5 | Col. 6 | Col. 7 | Col. 8 | Col. 9 |
|---|---|---|---|---|---|---|---|---|
| State | Year | Outlets at Start of Year | Outlets Opened | Termin- ations | Non- Renewals | Reacquired by Franchisor | Ceased Operations - Other Reasons | Outlets at End of the Year |
| Alabama | 2022 | 0 | 1 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 7 | 0 | 0 | 1 | 0 | 7 | |
| 2024 | 7 |
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, there were 2 outlets opened in Michigan during 2024. The table provided in Item 20 of the FDD outlines the number of outlets opened, terminated, non-renewals, reacquired by the franchisor, and those that ceased operations for other reasons. This data is broken down by state and year, offering a clear view of the brand's growth and changes in each location. At the start of 2024, there were 2 outlets, and by the end of the year, there were 4.
For a prospective franchisee, this information is valuable in assessing the brand's performance and growth trajectory in specific regions. The data suggests a steady but measured expansion in Michigan, with a total of 2 new stores opening during the year. This can help potential franchisees evaluate the market potential and competitive landscape in Michigan, as well as the level of support and resources 7 Brew provides to its franchisees in that area.
It is important to note that the table also includes data on terminations, non-renewals, and reacquired franchises, which are all key indicators of franchise health and stability. In the case of Michigan, there were no terminations, non-renewals, or reacquired franchises in 2024, suggesting a stable and well-supported franchise network. This information, combined with the number of outlets opened, can provide a comprehensive picture of the brand's performance and potential in the state.