How many Benjamin Franklin Plumbing outlets were opened in New Jersey during 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
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 was one outlet opened in New Jersey during 2024. At the start of 2024, there were nine outlets, and with the opening of the new location, the year concluded with a total of ten Benjamin Franklin Plumbing outlets in New Jersey.
This information is valuable for potential franchisees as it provides insight into the brand's growth and presence within New Jersey. A prospective franchisee can assess the market saturation and potential opportunities in the state by understanding the number of new outlets.
It's important to note that the FDD also includes data on terminations, non-renewals, and other reasons for outlets ceasing operations. Reviewing these figures alongside the number of new openings can provide a more comprehensive understanding of the stability and performance of Benjamin Franklin Plumbing franchises in New Jersey.