How many 7 Brew outlets were reacquired by the franchisor in Iowa during 2023?
7_Brew Franchise · 2025 FDDAnswer from 2025 FDD Document
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 | !
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, no 7 Brew outlets in Iowa were reacquired by the franchisor during 2023. The provided table in Item 20 outlines outlet information by state and year, including details on openings, terminations, non-renewals, re acquisitions, and closures.
Specifically, for Iowa in 2023, the table indicates that there were 1 outlet at the start of the year and 1 outlet opened during the year. There were zero terminations, non-renewals, re acquisitions by 7 Brew, or closures for other reasons. This resulted in 2 outlets at the end of 2023.
This information is valuable for potential franchisees as it provides insight into the stability and changes within the 7 Brew franchise system across different states. A re acquisition could signal issues with franchisee performance or a strategic decision by the franchisor, so the absence of re acquisitions in Iowa during 2023 could be seen as a positive indicator for that market.