How many Benjamin Franklin Plumbing outlets were operating in Arkansas at the end of 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 | 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 5 outlets operating in the state of Arkansas at the end of 2024. The number of outlets remained consistent throughout the year, with 5 outlets at the start of 2024 and no additional outlets opening during the year. This indicates a stable presence for Benjamin Franklin Plumbing in Arkansas during that period.
For a prospective franchisee, this information provides insight into the existing market penetration of Benjamin Franklin Plumbing in Arkansas. The absence of new openings in 2024 could suggest a saturated market, limited growth opportunities, or strategic decisions by the franchisor. It's important to investigate the reasons behind the lack of new outlet openings to assess the potential for future expansion and revenue generation in the state.
It would be prudent for potential franchisees to further explore the performance of existing Benjamin Franklin Plumbing outlets in Arkansas. Understanding their revenue, customer base, and market share can offer a clearer picture of the brand's strength and competitive landscape in the region. Additionally, inquiring about the franchisor's plans for future development in Arkansas can help franchisees make informed decisions about their investment and growth strategies.