In what state did All States M.E.D. have company-owned outlets between 2021 and 2023?
All_States_M_E_D Franchise · 2024 FDDAnswer from 2024 FDD Document
| 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 |
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 company had company-owned outlets in Florida between 2021 and 2023. Specifically, All States M.E.D. had one company-owned outlet in Florida at the start of each year from 2021 to 2023. No additional company-owned outlets were opened, reacquired from franchisees, closed, or sold to franchisees during this period, so the company ended each year with one company-owned outlet in Florida.
This information is relevant for prospective franchisees as it provides insight into the company's operational presence and stability in terms of company-owned locations. The fact that All States M.E.D. maintained a consistent number of company-owned outlets in Florida during this period might suggest a stable corporate strategy in that market.
It is important to note that the FDD states that "Company-Owned refers to outlets run by our Affiliates." This means that the company-owned stores are not necessarily run directly by the franchisor, All States M.E.D., but rather by affiliated entities. Franchisees should consider this when evaluating the performance and operational strategies of company-owned locations, as they may differ from franchised locations.