What is the trend in the number of Aw franchised outlets in Illinois from 2022 to 2024?
Aw Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets at Start of Year | Outlets Opened | Terminations | Non- Renewals | Reacquired by Franchisor | Ceased Operations Other Reasons | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|---|
| Illinois | 2022 | 4 | 2 | 0 | 0 | 0 | 1 | 5 |
| 2023 | 5 | 0 | 0 | 0 | 0 | 0 | 5 | |
| 2024 | 5 | 0 | 0 | 0 | 0 | 2 | 3 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 37–39)
What This Means (2025 FDD)
According to Aw's 2025 Franchise Disclosure Document, the number of franchised outlets in Illinois decreased between 2022 and 2024. In 2022, Aw had 5 franchised outlets in Illinois. The number remained constant at 5 in 2023. However, in 2024, the number of franchised outlets decreased to 3. This indicates a downward trend in the number of Aw franchised locations in Illinois over the three-year period.
Specifically, at the start of 2022, there were 4 Aw locations, and 2 opened during the year, while 1 ceased operations, resulting in 5 locations at the end of the year. In 2023, the number of locations remained stable at 5, with no openings or closures. However, in 2024, while there were no new openings, 2 locations ceased operations, bringing the total down to 3 by the end of the year.
A prospective franchisee should investigate the reasons for the closures in 2024 to understand the challenges and opportunities in the Illinois market. Understanding why these locations closed can provide valuable insights into the local market conditions and help in making informed decisions about investing in an Aw franchise in Illinois.