What was the total number of Aplus outlets operating at the end of 2023?
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, at the end of 2023, there were a total of 266 Aplus outlets. This total is comprised of 247 franchised outlets and 19 company-owned outlets.
For a prospective franchisee, this indicates the current scale and mix of franchise versus corporate locations within the Aplus system. The fact that there are significantly more franchise locations than company-owned ones may suggest that Aplus relies more heavily on franchising for its expansion and operations.
It is important to note the net change in outlets during 2023. The total number of Aplus outlets decreased by 5, with franchised outlets decreasing by 3 and company-owned outlets decreasing by 2. This contraction could be due to closures, terminations, or non-renewals, and a prospective franchisee should investigate the reasons behind these changes to better understand the health and stability of the Aplus franchise system.