How many Benjamin Franklin Plumbing outlets were operating in Connecticut at the start of 2022?
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 were 4 outlets operating in Connecticut at the start of 2022. The FDD provides a detailed table outlining 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 for each state. This data is presented for the years 2022, 2023, and 2024.
For a prospective franchisee, this information is useful in understanding the historical growth and stability of the Benjamin Franklin Plumbing franchise in specific states. Seeing that Connecticut maintained a consistent number of outlets (4) from 2022 through 2024 suggests a stable market presence. However, it also indicates a lack of growth in terms of new outlet openings during this period.
It's important to note that while the number of outlets remained constant, this doesn't necessarily reflect the financial performance or success of those individual franchise locations. A potential franchisee should further investigate the market conditions, competition, and overall demand for plumbing services in Connecticut to assess the potential for growth and profitability. Additionally, the FDD includes notes clarifying that the figures represent the number of territories in operation and that franchisees may own more than one territory, each under a separate Franchise Agreement.
Overall, the data suggests a stable but not expanding presence for Benjamin Franklin Plumbing in Connecticut between 2022 and 2024. A prospective franchisee should consider these trends in conjunction with other factors, such as local market analysis and discussions with current franchisees, to make an informed decision.