In 2024, how many Antioch Pizza Shop outlets were sold to a franchisee?
Antioch_Pizza_Shop Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets at Start of Year | Outlets Opened | Outlets Reacquired from Franchisee | Outlets Closed | Outlets Sold to Franchisee | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|
| Illinois | 2022 | 2 | 0 | 0 | 0 | 0 | 2 |
| 2023 | 2 | 0 | 0 | 0 | 0 | 2 | |
| 2024 | 2 | 0 | 0 | 0 | 1 | 1 | |
| Total | 2022 | 2 | 0 | 0 | 0 | 0 | 2 |
| 2023 | 2 | 0 | 0 | 0 | 0 | 2 | |
| 2024 | 2 | 0 | 0 | 0 | 1 | 1 |
Source: Item 20 — Outlets and Franchisee Information (FDD pages 52–56)
What This Means (2025 FDD)
According to Antioch Pizza Shop's 2025 Franchise Disclosure Document, one outlet was sold to a franchisee in 2024. The table provided in Item 20 outlines the changes in outlet numbers over the past three years.
Specifically, the table includes a column for 'Outlets Sold to Franchisee,' which indicates the number of existing outlets that were transferred to franchisee ownership during the specified year. In 2024, the number listed in this column is 1, reflecting that a single Antioch Pizza Shop location was sold to a new franchisee.
This information is valuable for potential franchisees as it provides insight into the brand's growth strategy and the opportunities for acquiring existing locations rather than solely focusing on opening new ones. It also shows possible transitions within the franchise system.