How many Benjamin Franklin Plumbing outlets in California experienced terminations in 2024?
Benjamin_Franklin_Plumbing Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers | |---|---|---| | Oklahoma | 2022 | 0 | | | 2023 | 0 | | | 2024 | 0 | | Pennsylvania | 2022 | 4 | | | 2023 | 0 | | | 2024 | 7 | | Texas | 2022 | 3 | | | 2023 | 0 | | | 2024 | 0 | | TOTALS | 2022 | 30 | | | 2023 | 28 | | | 2024 | 15 | (1) States not listed had no transfers for years 2022, 2023, or 2024.
TABLE 3 Status of Franchised Outlets For Years 2022 to 2024(1)(2)(3)
| State | Year | Outlets at Start of Year | Outlets Opened | Terminations | Non- Renewals | Reacquired by Company | Ceased Opera
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 78–87)
What This Means (2025 FDD)
According to the 2025 Franchise Disclosure Document, there were 3 terminations of Benjamin Franklin Plumbing outlets in California during 2024. This information is detailed in Item 20, which provides an overview of outlet status changes over the past three years.
The FDD includes a table that breaks down the number of outlets at the start of the year, outlets opened, terminations, non-renewals, outlets reacquired by the company, outlets that ceased operations for other reasons, and the number of outlets at the end of the year. This level of detail can help prospective franchisees understand the stability and turnover of Benjamin Franklin Plumbing franchises in specific states.
For a potential Benjamin Franklin Plumbing franchisee, this data highlights the importance of understanding the factors that contribute to franchise terminations. While 3 terminations in California might seem low, it's crucial to investigate further into the reasons behind these closures. Understanding these reasons can help a new franchisee avoid similar pitfalls and operate a more successful business.
It is also important to note that while there were 3 terminations, there were also 3 new Benjamin Franklin Plumbing outlets opened in California during 2024. Additionally, two outlets ceased operations for other reasons. This resulted in a net decrease of 2 outlets in California, ending the year with 22 total outlets.
Overall, the data presented in Item 20 provides valuable insights into the dynamics of the Benjamin Franklin Plumbing franchise system. Reviewing these figures carefully and comparing them to industry averages can help prospective franchisees make informed decisions.