How many Aplus franchise outlets in Pennsylvania were reacquired by the franchisor between 2021 and 2023?
Aplus Franchise · 2024 FDDAnswer from 2024 FDD Document
| State | Year | Outlets at | Outlets | Outlets Reacquired | Outlets | Outlets Sold to | Outlets at |
|---|---|---|---|---|---|---|---|
| Start of Year | Opened | from Franchisees | Closed | Franchisee1 | End of Year | ||
| NJ | 2021 | 21 | 0 | 0 | 0 | 0 | 21 |
| 2022 | 21 | 0 | 0 | 0 | 0 | 21 | |
| 2023 | 21 | 0 | 0 | 2 | 0 | 19 | |
| Totals | 2021 | 21 | 0 | 0 | 0 | 0 | 21 |
| 2022 | 21 | 0 | 0 | 0 | 0 | 21 | |
| 2023 | 21 | 0 | 0 | 2 | 0 | 19 |
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 franchise outlets in Pennsylvania reacquired by Aplus between 2021 and 2023. The provided table outlines the status of franchised outlets, including reacquired locations, for various states during the specified years.
Specifically, for Pennsylvania, the table shows the number of outlets at the start of each year, the number of outlets opened, the number of outlets reacquired from franchisees, the number of outlets closed, the number of outlets sold to a franchisee, and the number of outlets at the end of the year. For each year from 2021 to 2023, the 'Outlets Reacquired from Franchisees' column shows a value of 0 for Pennsylvania.
This indicates that Aplus did not reacquire any franchise outlets in Pennsylvania during this three-year period. A prospective franchisee can interpret this data to mean that Aplus has not been actively taking back franchises in Pennsylvania, which could be a positive sign regarding the stability and success of Aplus franchises in that state.