How many Aplus franchise outlets were operating at the start of 2021?
Aplus Franchise · 2024 FDDAnswer from 2024 FDD Document
| Outlet Type | Year | Outlets at the Start of | Outlets at the End of | |
|---|---|---|---|---|
| the Year | the Year | Net Change | ||
| Franchise | 2021 | 260 | 251 | -9 |
| 2022 | 251 | 250 | -1 | |
| 2023 | 250 | 247 | -3 | |
| Company-Owned | 2021 | 21 | 21 | 0 |
| 2022 | 21 | 21 | 0 | |
| 2023 | 21 | 19 | -2 | |
| Total Outlets | 2022 | 281 | 272 | -9 |
| 2022 | 272 | 271 | -1 | |
| 2023 | 271 | 266 | -5 |
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 260 franchise outlets operating at the start of 2021. Additionally, there were 21 company-owned outlets operating at the start of 2021. This brings the total number of Aplus outlets to 281 at the beginning of 2021.
For a prospective franchisee, this indicates the size and scale of Aplus's existing operations at that time. It provides a baseline for understanding the brand's market presence and potential for growth in subsequent years. The number of franchise outlets compared to company-owned outlets can also offer insights into Aplus's franchising strategy and the level of support franchisees might expect.
It is important to note that the number of outlets can fluctuate due to various factors, such as terminations, renewals, and new openings. The FDD provides further details on these changes, allowing potential franchisees to assess the stability and performance of the Aplus franchise system. Reviewing these trends over multiple years can offer a more comprehensive understanding of the franchise's growth trajectory and overall health.