What was the net change in the number of company-owned 7 Brew outlets during 2024?
7_Brew Franchise · 2025 FDDAnswer from 2025 FDD Document
| Column 1 | Column 2 | Column 3 | Column 4 | Column 5 |
|---|---|---|---|---|
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
| 2022 | 1 | 24 | +23 | |
| Franchised | 2023 | 24 | 161 | +137 |
| 2024 | 161 | 297 | +136 | |
| 2022 | 13 | 16 | +3 | |
| Company-Owned | 2023 | 16 | 19 | +3 |
| 2024 | 19 | 24 | +5 | |
| 2022 | 14 | 40 | +26 | |
| Total Outlets | 2023 | 40 | 180 | +140 |
| 2024 | 180 | 321 | +141 |
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, the net change in the number of company-owned outlets during 2024 was an increase of 5 locations. At the start of 2024, 7 Brew had 19 company-owned stores, and by the end of the year, that number had grown to 24. This indicates a moderate expansion of company-operated stores during that period.
For a prospective franchisee, this information provides insight into 7 Brew's corporate growth strategy. The simultaneous growth of both franchised and company-owned locations suggests a balanced approach to expansion. The company is not solely reliant on franchisees for growth, which could be seen as a positive sign of their commitment to the brand's overall success.
It's important to note that while the number of company-owned stores increased, the rate of growth for franchised locations was significantly higher. In 2024, franchised outlets increased by 136, compared to the 5 company-owned locations. This difference highlights the importance of franchising as a key component of 7 Brew's expansion model. A potential franchisee should consider this in the context of their own investment and operational plans, recognizing that the majority of new 7 Brew locations are franchise-operated.
Overall, the growth in company-owned stores reflects a healthy and expanding brand. Prospective franchisees should further investigate the performance and strategic role of these company-owned locations to gain a deeper understanding of 7 Brew's business model and its potential for success in different markets.