How many Benjamin Franklin Plumbing outlets were operating in Illinois at the start 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 4 outlets operating in Illinois at the start of 2024. The FDD provides a detailed table outlining the status of franchised outlets across various states from 2022 to 2024. This table includes the number of outlets at the start of each 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 a prospective franchisee, this historical data is valuable in understanding the growth and stability of the Benjamin Franklin Plumbing franchise in specific regions. The consistent number of outlets in Illinois over the three-year period suggests a stable market presence. However, it's important to note that the absence of growth could also indicate a lack of market potential or saturation in the existing territories.
It is also important to consider the notes provided in the FDD, which clarify that the figures represent the number of territories in operation at year-end and that franchisees may own more than one territory. Therefore, the number of outlets does not directly translate to the number of franchisees. A prospective franchisee should further investigate the market dynamics in Illinois and understand the factors influencing the number of operating outlets. They should also inquire about the potential for growth and the availability of new territories within the state.