What was the total number of Aplus outlets at the start of 2022?
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 start of 2022, there were a total of 272 Aplus outlets. This number includes both franchise and company-owned outlets. Specifically, there were 251 franchise outlets and 21 company-owned outlets at the beginning of 2022.
For a prospective franchisee, this indicates the existing scale of Aplus's operations. It provides a snapshot of the brand's established presence in the market at that time. The mix of franchise and company-owned stores can also offer insights into Aplus's business model and strategic priorities.
It is important to note that the number of outlets can fluctuate over time due to various factors such as new openings, closures, and transfers. Reviewing the trend in outlet numbers over several years, as presented in the FDD, can provide a more comprehensive understanding of Aplus's growth trajectory and stability.