How many Aw outlets closed in Illinois during 2023?
Aw Franchise · 2025 FDDAnswer from 2025 FDD Document
tatus of Affiliate-Owned Outlets For fiscal years December 31, 2022, 2023 and 2024**
| 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 |
Table No. 5
| STATE | FRANCHISE AGREEMENTS SIGNED BUT UNIT NOT OPEN | PROJECTED FRANCHISED NEW UNITS IN THE NEXT FISCAL YEAR | PROJECTED OPENINGS BY US OR OUR AFFILIATE IN NEXT FISCAL YEAR | |---|---|---|---| | Illinois | 0 | 0 | 0 | | Indiana | 0 | 0 | 0 | | TOTAL | 0 | 0 | 0 | A list of our franchised and affiliate-owned locations as of December 31, 2024, is attached at Exhibit D to this Franchise Disclosure Document. Also attached at Exhibit D is a list of former franchisees.
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 37–39)
What This Means (2025 FDD)
According to Aw's 2025 Franchise Disclosure Document, there is conflicting information regarding the number of Aw outlets that closed in Illinois during 2023. One table indicates that zero outlets closed in Illinois during 2023. This table shows that there was one outlet at the start of 2023 and one at the end of 2023.
However, a second table also indicates that zero Aw outlets closed in Illinois during 2023. This table shows that there were five outlets at the start of 2023 and five at the end of 2023.
It is important for a prospective franchisee to clarify this discrepancy with Aw to understand the actual number of closures and the reasons behind any closures. Understanding the reasons for closures can provide valuable insight into the health and stability of the Aw franchise in Illinois.