In which states has 7 Brew signed franchise agreements for outlets that have not yet opened?
7_Brew Franchise · 2025 FDDAnswer from 2025 FDD Document
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 Fiscal Year | |---|---|---|---| | Alabama | 0 | 10 | 0 | | Arizona | 1 | 2 | 0 | | Arkansas | 0 | 4 | 4 | | Colorado | 1 | 6 | 0 | | Connecticut | 1 | 4 | 0 | | Florida | 0 | 10 | 0 | | Georgia | 2 | 10 | 0 | | Idaho | 1 | 0 | 0 | | Illinois | 0 | 20 | 0 | | Indiana | 0 | 5 | 0 | | Iowa | 0 | 5 | 0 | | Kansas | 0 | 5 | 0 |
| 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 Fiscal Year | |---|---|---|---| | Kentucky | 0 | 10 | 0 | | Louisiana | 0 | 8 | 0 | | Maryland | 1 | 4 | 0 | | Massachusetts | 1 | 0 | 0 | | Michigan | 1 | 3 | 0 | | Minnesota | 3 | 0 | 0 | | Mississippi | 0 | 7 | 0 | | Missouri | 0 | 10 | 2 | | Montana | 1 | 0 | 0 | | Nebraska | 0 | 6 | 0 | | New Mexico | 0 | 3 | 0 | | New Jersey | 1 | 2 | 0 | | Nevada | 1 | 0 | 0 | | New York | 2 | 9 | 0 | | North Carolina | 1 | 2 | 2 | | North Dakota | 1 | 3 | 0 | | Ohio | 1 | 10 | 0 | | Oklahoma | 0 | 5 | 0 | | Pennsylvania | 1 | 10 | 0 | | South Carolina | 0 | 4 | 3 | | South Dakota | 0 | 2 | 0 | | Tennessee | 0 | 10 | 0 | | Texas | 1 | 15 | 3 | | Utah | 0 | 2 | 0 | | Virginia | 0 | 9 | 0 |
| 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 Fiscal Year | |---|---|---|---| | West Virginia | 0 | 1 | 0 | | Wisconsin | 0 | 10 | 0 | | Wyoming | 0 | 2 | 0 | | Total | 22 | 228 | 14 | Except as noted in Exhibit D, th
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 the end of the fiscal year 2024, there were franchise agreements signed for outlets that had not yet opened in multiple states. Specifically, Arizona, Colorado, Connecticut, Georgia, Idaho, Maryland, Massachusetts, Michigan, Minnesota, Montana, Nevada, New Jersey, New York, North Carolina, North Dakota, Ohio, Pennsylvania, and Texas all had at least one franchise agreement signed for a location that was not yet operational. In total, there were 22 such agreements across all states.
For prospective franchisees, this information indicates the current reach of 7 Brew's expansion efforts and where there may be opportunities to establish a presence. However, it also suggests potential competition or market saturation in those states where agreements are already in place but not yet open. A careful analysis of the specific locations and market conditions within these states is advisable.
It is important to note that the FDD also provides projections for new franchised and company-owned outlets in the next fiscal year. These projections, along with the list of existing agreements, can help potential franchisees assess the growth trajectory and strategic direction of 7 Brew. Understanding the difference between signed agreements and actual operational outlets is crucial for evaluating the brand's development and market penetration strategies.
Additionally, the FDD lists specific franchisees who have signed agreements but have not yet opened locations, offering contact information for further due diligence. This allows potential franchisees to network and gather insights from others who are in a similar stage of development within the 7 Brew franchise system. This information can be invaluable for understanding the challenges and opportunities associated with opening a new 7 Brew location.