What was the total number of All States M.E.D. outlets at the end of 2022?
All_States_M_E_D Franchise · 2024 FDDAnswer from 2024 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| F 1 1 | 2021 | 0 | 0 | 0 |
| Franchised | 2022 | 0 | 0 | 0 |
| 2023 | 0 | 1 | 1 | |
| 2021 | 1 | 1 | 0 | |
| Company-Owned | 2022 | 1 | 1 | 0 |
| 2023 | 1 | 1 | 0 | |
| 2021 | 1 | 1 | 0 | |
| Total Outlets | 2022 | 1 | 1 | 0 |
| 2023 | 1 | 2 | +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 total number of outlets at the end of 2022 was 1. This total comprises company-owned outlets, as there were zero franchised outlets. The net change during 2022 was 0, meaning the number of outlets remained constant throughout the year.
Specifically, at the start of 2022, All States M.E.D. had 1 company-owned outlet and 0 franchised outlets. Throughout 2022, there were no new outlets opened, and no outlets closed or transferred. This indicates a stable but limited operational footprint for All States M.E.D. during that period.
For a prospective franchisee, this information highlights the early stage of All States M.E.D.'s franchise system. The fact that there was only one company-owned outlet in operation during 2022 suggests that the franchise is still in its initial phases of development and testing. This could represent both an opportunity and a risk for new franchisees, as they may have a chance to shape the brand's growth but also face uncertainties associated with a relatively unproven business model.