How many Benjamin Franklin Plumbing outlets were opened in Arkansas during 2023?
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 | Cea
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 two outlets opened in Arkansas during 2023. The table provided in Item 20 outlines the status of franchised outlets from 2022 to 2024. At the start of 2023, there were 3 outlets in Arkansas, and by the end of the year, this number increased to 5. This change reflects the opening of the two new outlets during that year.
This information is valuable for potential franchisees as it provides insight into the growth and activity of Benjamin Franklin Plumbing in Arkansas. Observing the number of outlets opened can indicate the brand's expansion and market penetration within the state. It is important to note that these figures represent the number of territories in operation, and franchisees may own more than one territory, each under a separate franchise agreement.
Prospective franchisees should also consider other factors presented in the table, such as terminations, non-renewals, and outlets that ceased operations for other reasons, to gain a comprehensive understanding of the franchise's stability and performance in Arkansas. Additionally, it's advisable to compare these figures with those of other states to assess the relative strength and potential of the Benjamin Franklin Plumbing franchise in different markets.