How many Aplus franchise outlets in Connecticut ceased operations for other reasons between 2021 and 2023?
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 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 65–68)
What This Means (2024 FDD)
According to Aplus's 2024 Franchise Disclosure Document, there were no Aplus franchise outlets in Connecticut that ceased operations for 'other reasons' between 2021 and 2023. The provided table in Item 20 details the status of franchised outlets, including those that ceased operations for various reasons.
Specifically, the table includes a column labeled 'Ceased Operations – Other Reasons,' which tracks outlets that closed for reasons other than terminations, non-renewals, or reacquisition by the franchisor. For Connecticut, the number of outlets that ceased operations for other reasons is reported as 0 for each year from 2021 to 2023. This indicates a stable franchise presence in Connecticut during this period, with no closures attributed to these 'other reasons'.
This information is valuable for prospective franchisees as it provides insight into the stability and performance of Aplus franchises in Connecticut. The absence of closures due to 'other reasons' may suggest a healthy franchise environment within the state. However, it is important to note that this data only reflects closures for 'other reasons' and does not account for terminations or non-renewals, which could also impact a franchisee's investment.