What was the total number of All States M.E.D. outlets opened in 2023?
All_States_M_E_D Franchise · 2024 FDDAnswer from 2024 FDD Document
[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 |
[Item 20: OUTLETS AND FRANCHISEE INFORMATION]
| 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 opened in 2023 was one. Specifically, in Massachusetts, All States M.E.D. opened one outlet in 2023, bringing the total number of outlets in that state to one by the end of the year.
Additionally, the FDD provides a systemwide outlet summary. According to this summary, the total number of All States M.E.D. outlets, including both franchised and company-owned, increased by one in 2023. This increase is reflected in the change from one outlet at the start of the year to two outlets by the end of 2023.
Prospective franchisees should note that while there was an increase in the total number of outlets, the franchised outlets specifically went from zero at the start of the year to one at the end of 2023. This indicates that the new outlet opened in 2023 was a franchised location. This information is crucial for understanding the growth and composition of the All States M.E.D. franchise system.