How many Benjamin Franklin Plumbing outlets were operating in New Jersey 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 9 outlets operating in New Jersey at the start of 2022. The FDD provides a detailed table outlining the status of franchised outlets across various states from 2022 to 2024. This information is crucial for prospective franchisees as it offers insights into the brand's presence and growth trends in specific geographic areas.
Specifically, the table includes data on the number of outlets at the start of each year, the number of 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 New Jersey, the data shows a consistent number of 9 outlets at the start of 2022, 2023, and 2024, with one additional outlet opening in 2024, bringing the total to 10 by the end of that year.
This level of detail allows potential franchisees to assess the stability and expansion of Benjamin Franklin Plumbing in New Jersey. It also helps in understanding the factors that may influence outlet numbers, such as terminations or non-renewals, although none were reported for New Jersey during the observed period. Reviewing this data in the FDD is a key step in evaluating the potential success and risks associated with opening a Benjamin Franklin Plumbing franchise in New Jersey.