How many Benjamin Franklin Plumbing outlets were operating in Iowa 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 |
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 3 Benjamin Franklin Plumbing outlets operating in Iowa at the end of 2024. The FDD provides a detailed table outlining the status of franchised outlets across various states from 2022 to 2024. This table includes information on 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.
Specifically for Iowa, the table shows that there were 3 outlets at the start of 2024, no outlets opened during the year, and no terminations, non-renewals, re acquisitions, or other reasons for ceased operations. Therefore, the number of Benjamin Franklin Plumbing outlets in Iowa remained constant throughout 2024, ending the year with 3 operational units.
This information is valuable for prospective franchisees as it provides insight into the stability and growth (or lack thereof) of the Benjamin Franklin Plumbing brand in specific geographic areas. A consistent number of outlets, as seen in Iowa, might indicate a stable market presence, but it could also suggest limited growth opportunities. It is important to consider these factors in conjunction with other market research and financial projections when evaluating the potential of a Benjamin Franklin Plumbing franchise in Iowa.