How many Benjamin Franklin Plumbing outlets were operating in Nevada 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 | C
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 Nevada at the end of 2024. The table provided in Item 20 of the FDD details the number of outlets in each state over the past three years. For Nevada, the data shows consistent operation with 5 outlets at the start of 2022, 2023, and 2024. No outlets were opened, terminated, non-renewed, reacquired by the company, or ceased operations for other reasons during this period. Therefore, the number of outlets remained stable at 5 through the end of 2024.
For a prospective franchisee, this indicates a stable market presence for Benjamin Franklin Plumbing in Nevada. While there has been no growth in terms of new outlets, the existing outlets have maintained their operation. This could suggest a steady demand for plumbing services in the region, but also limited opportunities for rapid expansion. A potential franchisee should investigate the reasons behind the lack of new outlet openings, such as market saturation, regulatory hurdles, or strategic decisions by the franchisor.
It is important to note that these figures represent the number of territories in operation, and franchisees may own more than one territory. Further details about the territories in operation for each franchisee can be found in Exhibit F of the FDD. Additionally, the FDD includes projections for new franchised outlets in the next fiscal year, which could provide insights into future growth plans for Benjamin Franklin Plumbing in various states. Reviewing these projections and understanding the factors influencing outlet growth or stability is crucial for making an informed investment decision.