How many Advanced Mobile Iv And Amiv outlets experienced non-renewals in 2023?
Advanced_Mobile_Iv_And_Amiv Franchise · 2023 FDDAnswer from 2023 FDD Document
| State | Year | Column 3 Outlets at the Start of the Year | Column 4 Outlets Opened | Terminations | Non- Renewals | Reacquired by Franchisor | Ceased Operations – Other Reasons | Column 9 Outlets at End of the Year |
|---|---|---|---|---|---|---|---|---|
| 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2022 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | |
| 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| Utah | 2020 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2022 | 0 | 6 | 0 | 0 | 0 | 0 | 6 | |
| 2023 | 6 | 1 | 0 | 0 | 0 | 0 | 7 | |
| Washingto | 2020 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| n | ||||||||
| 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2022 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | |
| 2023 | 0 | 0 | 1* | 0 | 0 | 0 | 0 | |
| Total | 2020 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2022 | 0 | 17 | 1 | 0 | 0 | 0 | 17 | |
| 2023 | 17 | 1 | 3 | 0 | 0 | 0 | 16 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 50–54)
What This Means (2023 FDD)
According to Advanced Mobile Iv And Amiv's 2023 Franchise Disclosure Document, there were no non-renewals of franchise agreements in 2023. The provided table in Item 20 outlines the status of franchised outlets, including terminations, non-renewals, and other reasons for ceased operations.
Specifically, the table provides a breakdown by state and year, detailing the number of outlets at the start of the year, outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, outlets that ceased operations for other reasons, and the number of outlets at the end of the year. For the year 2023, the 'Non-Renewals' column indicates a value of 0 across all states and for the total system.
This information is crucial for potential franchisees as it provides insight into the stability and longevity of franchise agreements within the Advanced Mobile Iv And Amiv system. A history of non-renewals could indicate potential issues with franchisee satisfaction or the profitability of the business model, while a lack of non-renewals, as is the case here, suggests a more stable and mutually beneficial relationship between the franchisor and its franchisees.