How many Aw affiliate-owned outlets in Illinois were sold to franchisees in 2022?
Aw Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets at Start of the Year | Outlets Opened | Outlets Reacquired From Franchisee | Outlets Closed | Outlets Sold to Franchisee | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|
| Illinois | 2022 | 2 | 0 | 0 | 0 | 1 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 0 | 0 | 0 | 0 | 0 | 1 | |
| Totals | 2022 | 2 | 0 | 0 | 0 | 1 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 0 | 0 | 0 | 1 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 37–39)
What This Means (2025 FDD)
According to Aw's 2025 Franchise Disclosure Document, one affiliate-owned outlet in Illinois was sold to a franchisee in 2022. The table summarizes the status of affiliate-owned outlets for the fiscal years 2022, 2023, and 2024.
For a prospective Aw franchisee, this indicates the potential for acquiring existing affiliate-owned locations rather than only opening new locations. Buying an existing store can provide immediate cash flow and an established customer base, but it's important to investigate the reasons behind the sale.
It is important to note that while the table provides an overview of outlet transactions, it does not detail the financial performance or condition of the specific outlet sold. A prospective franchisee should conduct thorough due diligence, including reviewing the outlet's financial records and physical condition, before considering such a purchase.