Where can I find a list of current Aplus franchisees as of December 31, 2023?
Aplus Franchise · 2024 FDDAnswer from 2024 FDD Document
A list of the names and current addresses of our franchisees as of December 31, 2023, is located in Exhibit C. A list of names and current addresses of franchisees who have been terminated, canceled, not renewed, voluntarily or involuntarily ceased to do business under their franchise agreement during our fiscal year ending December 31, 2023 or who have not communicated with us within 10 weeks of the issuance date of this disclosure document are also listed in Exhibit C.
If you buy this franchise, your contact information may be disclosed to other buyers when you leave the franchise system.
In some instances, current or former franchisees sign provisions restricting their ability to speak openly about their experience with APLUS. You may wish to speak with current and former franchisees, but be aware that not all such franchisees will be able to communicate with you.
As of the date of this disclosure document, we have not created, sponsored or endorsed any franchisee
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 65–68)
What This Means (2024 FDD)
According to Aplus's 2024 Franchise Disclosure Document, a list of current franchisees as of December 31, 2023, can be found in Exhibit C. This list includes the names and current addresses of all franchisees operating as of that date. Exhibit C also contains information on franchisees who have exited the Aplus system. This includes franchisees who were terminated, canceled, not renewed, or who voluntarily or involuntarily ceased operations during the fiscal year ending December 31, 2023. It also includes franchisees who have not communicated with Aplus within 10 weeks of the FDD's issuance date.
For a prospective franchisee, this means Exhibit C is a key resource for conducting due diligence. By reviewing the list of current and former franchisees, you can gain valuable insights into the Aplus franchise system. It is important to note that when you eventually leave the Aplus franchise system, your contact information may be disclosed to potential buyers.
However, the FDD also cautions that some current and former Aplus franchisees may have signed agreements restricting their ability to speak openly about their experiences. Therefore, while speaking with current and former franchisees is advisable, be aware that some may be limited in what they can share. This is a common practice in franchising to protect the brand and maintain confidentiality.
Finally, the FDD states that Aplus has not created, sponsored, or endorsed any franchisee association, nor are they aware of any independent trademark-specific franchisee associations. This means that franchisees may not have a formal channel for collective bargaining or support, making individual communication with current and former franchisees even more critical during the due diligence process.