In 2023, how many company-owned Benjamin Franklin Plumbing outlets were reacquired from franchisees in Indiana?
Benjamin_Franklin_Plumbing Franchise · 2025 FDDAnswer from 2025 FDD Document
utlets shown in the column headed "Franchise Agreements Signed But Outlet Not Opened" in Table 5 below. The latter are not included in Table 3 until the year the outlet opens.
TABLE 4 Status of Company-Owned Outlets For Years 2022 to 2024(1)
| State | Year | Outlets | |||||
|---|---|---|---|---|---|---|---|
| Outlets at | Outlets | Outlets at | |||||
| Outlets | Reacquired | Outlets | |||||
| the Start | Sold to | End of the | |||||
| Opened | from | Closed | |||||
| of Year | Franchisee | Year | |||||
| Franchisee | |||||||
| Colorado | 2022 | 2 | 0 | 0 | 0 | 0 | 2 |
| 2023 | 2 | 0 | 0 | 0 | 0 | 2 | |
| 2024 | 2 | 0 | 0 | 0 | 0 | 2 | |
| Indiana | 2022 | 7 | 0 | 0 | 0 | 0 | 7 |
| 2023 | 7 | 0 | 0 | 0 | 0 | 7 | |
| 2024 | 7 | 0 | 0 | 0 | 0 | 7 | |
| Ohio | 2022 | 1 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 78–87)
What This Means (2025 FDD)
According to Benjamin Franklin Plumbing's 2025 Franchise Disclosure Document, there were no company-owned outlets reacquired from franchisees in Indiana during 2023. The table provided in Item 20 outlines the status of company-owned outlets, and for Indiana in 2023, the 'Reacquired from Franchisee' column shows a value of 0. This indicates that Benjamin Franklin Plumbing did not reacquire any company-owned outlets from franchisees in Indiana during that year.
This information is crucial for potential franchisees as it provides insight into the stability and changes within the Benjamin Franklin Plumbing franchise system. The absence of re acquisitions in Indiana during 2023 could suggest a stable relationship between the company and its franchisees in that state. However, it is important to consider this data in conjunction with other factors, such as terminations, non-renewals, and overall outlet performance, to gain a comprehensive understanding of the franchise's health.
Prospective franchisees should also note that the FDD includes additional tables and exhibits that provide further details on franchise owners, terminations, and transfers. Reviewing these materials can offer a more nuanced perspective on the dynamics within the Benjamin Franklin Plumbing system. Additionally, it is advisable to speak with current and former franchisees to gather firsthand accounts of their experiences and perspectives on the franchisor-franchisee relationship.