How many Benjamin Franklin Plumbing outlets were opened in Florida 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 | Ceased Ope
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 38 outlets opened in Florida during 2023. The number of outlets at the start of the year was 32, and by the end of 2023, the number of outlets had increased to 70. There were no terminations, non-renewals, re acquisitions by the company or other reasons for ceased operations.
This information is valuable for potential franchisees as it provides insight into the growth and stability of Benjamin Franklin Plumbing in Florida. A significant increase in outlets, such as the addition of 38 in a single year, could indicate a strong market and successful franchise operations. This data helps prospective franchisees assess the brand's performance and potential for success in a specific geographic area.
It's important to note that while the number of outlets increased significantly, this doesn't guarantee success for a new franchisee. Factors such as local market conditions, competition, and the franchisee's management skills also play a crucial role. However, the data suggests that Benjamin Franklin Plumbing has been expanding its presence in Florida, which could be a positive sign for those considering investing in a franchise in that state.
Prospective franchisees should further investigate the reasons behind this growth, the performance of existing franchises in Florida, and the level of support provided by Benjamin Franklin Plumbing to its franchisees in the region. Understanding these factors will help them make a more informed decision about whether to invest in a Benjamin Franklin Plumbing franchise.