How many company-owned Benjamin Franklin Plumbing outlets were in operation at the end of 2022?
Benjamin_Franklin_Plumbing Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| Franchised | 2022 | 255 | 275 | +20 |
| 2023 | 275 | 325 | +50 | |
| 2024 | 325 | 353 | +28 | |
| Company-Owned | 2022 | 10 | 10 | 0 |
| 2023 | 10 | 10 | 0 | |
| 2024 | 10 | 10 | 0 | |
| TOTALS | 2022 | 265 | 285 | +20 |
| 2023 | 285 | 335 | +50 | |
| 2024 | 335 | 363 | +28 |
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, at the end of 2022, there were 10 company-owned outlets in operation. The FDD also indicates that the number of company-owned outlets remained constant at 10 for the years 2023 and 2024. This suggests that Benjamin Franklin Plumbing has not been actively expanding its company-owned operations, at least in the recent past.
For a prospective franchisee, this information provides insight into Benjamin Franklin Plumbing's business model. The company primarily focuses on franchising as its growth strategy, with a limited number of company-owned stores. This may indicate that Benjamin Franklin Plumbing's revenue is generated primarily through franchise fees and royalties, rather than direct sales from company-owned locations.
It is important to note that while the number of company-owned locations has remained constant, the number of franchised outlets has increased from 255 in 2022 to 353 in 2024. This growth in franchised locations suggests that Benjamin Franklin Plumbing is actively expanding its franchise network and that the franchise model is successful. A potential franchisee should consider this information when evaluating the franchise opportunity and assess whether the franchisor's focus on franchising aligns with their own business goals and investment preferences.