How many 7 Brew outlets were opened in North Carolina 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 | 8 | 0 | 0 | 0 | 0 | 15 | 
What This Means (2025 FDD)
According to 7 Brew's 2025 Franchise Disclosure Document, there were 4 outlets opened in North Carolina during 2024. The table provided in Item 20 outlines the number of outlets opened in each state for the past three years. At the start of 2024, there were 5 outlets, and by the end of the year, there were 9.
This information is crucial for potential franchisees as it provides insight into the growth and expansion of 7 Brew in specific regions. The number of new outlets can indicate the brand's popularity and market penetration in a given state. Reviewing this data over several years, as presented in the table, allows prospective franchisees to identify trends and assess the potential for future growth in North Carolina.
It is important to note that while the table shows the number of outlets opened, it does not specify whether these were franchised or company-owned. For a comprehensive understanding, a potential franchisee should inquire with 7 Brew about the breakdown of franchised versus company-owned stores in North Carolina and other states of interest. This information, combined with other factors such as local market conditions and competition, will help in making an informed investment decision.