In 2021, how many Aplus outlets ceased operations for 'other reasons'?
Aplus Franchise · 2024 FDDAnswer from 2024 FDD Document
| Ceased | ||||||||
|---|---|---|---|---|---|---|---|---|
| Outlets at | Outlets | Non- | Reacquired | Operations – | Outlets at | |||
| State | Year | Start of Year | Opened | Terminations | Renewals | by Franchisor | Other Reasons | End of Year |
| CT | 2021 | 9 | 0 | 0 | 0 | 0 | 0 | 9 |
| 2022 | 9 | 0 | 0 | 0 | 0 | 0 | 9 | |
| 2023 | 9 | 0 | 0 | 0 | 0 | 0 | 9 | |
| DC | 2021 | 2 | 0 | 0 | 0 | 0 | 0 | 2 |
| 2022 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | |
| 2023 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | |
| DE | 2021 | 8 | 0 | 0 | 0 | 0 | 0 | 8 |
| 2022 | 8 | 0 | 0 | 0 | 0 | 0 | 8 | |
| 2023 | 8 | 0 | 0 | 0 | 0 | 0 | 8 | |
| MA | 2021 | 16 | 0 | 0 | 0 | 0 | 0 | 16 |
| 2022 | 16 | 0 | 0 | 0 | 0 | 0 | 16 | |
| 2023 | 16 | 0 | 0 | 0 | 0 | 0 | 16 | |
| MD | 2021 | 26 | 1 | 2 | 0 | 0 | 0 | 25 |
| 2022 | 25 | 0 | 0 | 0 | 0 | 0 | 25 | |
| 2023 | 25 | 0 | 0 | 0 | 0 | 0 | 25 | |
| NJ | 2021 | 15 | 0 | 0 | 0 | 0 | 2 | 13 |
| 2022 | 13 | 0 | 1 | 0 | 0 | 0 | 12 | |
| 2023 | 12 | 0 | 0 | 0 | 0 | 0 | 12 | |
| NY | 2021 | 54 | 1 | 0 | 2 | 0 | 0 | 53 |
| 2022 | 53 | 0 | 0 | 0 | 0 | 0 | 53 | |
| 2023 | 53 | 0 | 1 | 0 | 0 | 0 | 52 | |
| PA | 2021 | 108 | 1 | 0 | 5 | 0 | 0 | 104 |
| 2022 | 104 | 1 | 2 | 0 | 0 | 0 | 103 | |
| 2023 | 103 | 0 | 2 | 0 | 0 | 0 | 101 | |
| RI | 2021 | 2 | 0 | 0 | 0 | 0 | 0 | 2 |
| 2022 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | |
| 2023 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | |
| VA | 2021 | 20 | 0 | 1 | 0 | 0 | 0 | 19 |
| 2022 | 19 | 1 | 0 | 0 | 0 | 0 | 20 | |
| 2023 | 20 | 0 | 0 | 0 | 0 | 0 | 20 | |
| Totals | 2021 | 260 | 3 | 3 | 7 | 0 | 2 | 251 |
| 2022 | 251 | 2 | 3 | 0 | 0 | 0 | 250 | |
| 2023 | 250 | 0 | 3 | 0 | 0 | 0 | 247 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 65–68)
What This Means (2024 FDD)
According to Aplus's 2024 Franchise Disclosure Document, in 2021, a total of 2 Aplus outlets ceased operations due to 'other reasons'.
This information is part of a broader table that tracks the status of Aplus franchised outlets over the past three years. The table provides a year-by-year breakdown of outlet activity, including openings, terminations, re acquisitions by the franchisor, and closures for 'other reasons'.
For a prospective franchisee, this data offers insights into the stability and potential risks associated with the Aplus franchise system. While 'other reasons' isn't defined, it is important to investigate what these reasons might be during due diligence. A high number of closures for 'other reasons' could indicate underlying issues within the franchise system that require further scrutiny.
It's also worth noting that the table includes data for specific states, allowing potential franchisees to assess performance and closure rates in their target regions. This level of detail can help in making a more informed investment decision.