How many Beef O Bradys outlets in Ohio experienced non-renewal in 2022?
Beef_O_Bradys Franchise · 2025 FDDAnswer from 2025 FDD Document
| | | | |---|---|---| | | | | | Florida | 2022 | 3 | | | 2023 | 6 | | | 2024 | 5 | | Minnesota | 2022 | 1 | | | 2023 | 0 | | | 2024 | 0 | | Ohio | 2022 | 1 | | | 2023 | 0 | | | 2024 | 0 | | Texas | 2022 | 0 | | | 2023 | 1 | | | 2024 | 0 | | Total | 2022 | 5 | | | 2023 | 7 | | | 2024 | 5 |
Table No. 3 Status of Franchised Outlets For years December 31, 2022 to December 31, 2024
| State | Year | Outlets at Start of Year | Outlets Opened | Terminations | Non- Renewals
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION. (FDD pages 62–65)
What This Means (2025 FDD)
According to Beef O Bradys' 2025 Franchise Disclosure Document, one outlet in Ohio experienced non-renewal in 2022. This means that the franchise agreement for that particular location was not renewed at the end of its term.
Non-renewal can occur for a variety of reasons, such as the franchisee's failure to meet performance standards, disputes between the franchisee and franchisor, or changes in the franchisee's personal or financial circumstances. It's important to note that non-renewal is distinct from termination, which involves the franchisor ending the agreement before its natural expiration date due to a breach of contract by the franchisee.
For a prospective Beef O Bradys franchisee, this information highlights the importance of understanding the terms and conditions of the franchise agreement, particularly those related to renewal. It also underscores the need to maintain a strong working relationship with the franchisor and to meet all performance expectations to ensure the possibility of renewal. Reviewing Exhibit C, as mentioned in the FDD, may provide additional context, although it is not included in the provided excerpts.