What is the geographic scope of the All States M.E.D. transfer data?
All_States_M_E_D Franchise · 2024 FDDAnswer from 2024 FDD Document
[Item 20: OUTLETS AND FRANCHISEE INFORMATION]
| State | Year | Number of Transfers |
|---|---|---|
| 2021 | 0 | |
| All States | 2022 | 0 |
| 2023 | 0 | |
| 2021 | 0 | |
| Total | 2022 | 0 |
| 2023 | 0 |
[Item 20: OUTLETS AND FRANCHISEE INFORMATION]
| State | Year | Outlets at Start of Year | Outlets Opened | Outlets Reacquired from Franchisees | Outlets Closed | Outlets Sold to Franchisees | Outlets at End of Year |
|---|---|---|---|---|---|---|---|
| Florida | 2021 | 1 | 0 | 0 | 0 | 0 | 1 |
| 2022 | 1 | 0 | 0 | 0 | 0 | 1 | |
| 2023 | 1 | 0 | 0 | 0 | 0 | 1 | |
| Total | 2021 | 1 | 0 | 0 | 0 | 0 | 1 |
| 2022 | 1 | 0 | 0 | 0 | 0 | 1 | |
| 2023 | 1 | 0 | 0 | 0 | 0 | 1 |
[Item 20: OUTLETS AND FRANCHISEE INFORMATION]
| State | Year | Outlets at Start of Year | Outlets Opened | Terminations | Non- Renewals | Reacquired by Franchisor | Ceased Operations - Other Reasons | Outlets at End of Year |
|---|---|---|---|---|---|---|---|---|
| Massachuset | 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| ts | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| ts | 2023 | 0 | 1 | 0 | 0 | 0 | 0 | 1 |
| 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Total | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 1 | 0 | 0 | 0 | 0 | 1 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 42–43)
What This Means (2024 FDD)
According to All States M.E.D.'s 2024 Franchise Disclosure Document, the transfer data provided covers 'All States' for the years 2022. However, the table also includes individual state data for Florida and Massachusetts. This suggests that while a summary is provided for all states collectively, more detailed information may be available for specific states within the All States M.E.D. system.
The table indicates the number of outlet transfers from franchisees to new owners, excluding transfers to the franchisor, for the years 2021 to 2023. For 'All States', the number of transfers is listed as 0 for 2022. This could mean there were no recorded transfers during that period across the entire All States M.E.D. franchise system.
In addition to the 'All States' data, the document provides specific transfer information for Florida and Massachusetts. For example, the table shows outlet information for Florida from 2021 to 2023, including the number of outlets at the start and end of each year, as well as any outlets reacquired, closed, or sold to franchisees. Similarly, data is presented for Massachusetts, detailing outlets at the start and end of the year, outlets opened, terminations, non-renewals, re acquisitions, and ceased operations. This level of detail for individual states offers a more granular view of franchise activity compared to the aggregated 'All States' data.
Prospective franchisees should note that while the 'All States' data provides a general overview, it may be beneficial to inquire about specific state-level performance, especially if they are considering a franchise in Florida or Massachusetts, as more detailed historical data is available for these states. Understanding transfer activity and outlet changes in a specific region can provide valuable insights into the health and stability of the All States M.E.D. franchise within that area.