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How many Aplus franchise outlets were operating at the start of 2022?

Aplus Franchise · 2024 FDD

Answer 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 251 franchise outlets operating at the start of 2022. This information is part of a broader overview of outlet statistics presented in Item 20, which includes data on both franchise and company-owned outlets over a three-year period.

For a prospective franchisee, this number provides a snapshot of the size and stability of the Aplus franchise system. Knowing the number of outlets at the beginning of the year helps in understanding the brand's market presence and potential for growth. It's also useful to compare this number with the number of outlets at the end of the year to gauge the system's overall health and sustainability, as reflected by the net change in outlets.

The FDD also indicates that the total number of outlets, including both franchise and company-owned, was 272 at the start of 2022. This gives a more complete picture of Aplus's operational scale. Reviewing these figures over multiple years, as presented in the table, can reveal trends in the company's expansion or contraction, which is valuable for assessing the risks and opportunities associated with investing in an Aplus franchise.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.