What was the net change in the number of company-owned Benjamin Franklin Plumbing outlets in 2024?
Benjamin_Franklin_Plumbing Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| Company-Owned | 2022 | 10 | 10 | 0 |
| 2023 | 10 | 10 | 0 | |
| 2024 | 10 | 10 | 0 |
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, the net change in the number of company-owned outlets in 2024 was 0. The number of company-owned Benjamin Franklin Plumbing outlets remained constant throughout 2022, 2023, and 2024.
Specifically, at the start of 2024, there were 10 company-owned outlets, and by the end of the year, the number remained at 10. This indicates that Benjamin Franklin Plumbing did not open or close any company-owned locations during this period.
For a prospective franchisee, this information suggests that Benjamin Franklin Plumbing's growth strategy is primarily focused on franchising rather than expanding through company-owned stores. This could mean that the franchisor is more invested in supporting franchisees and less focused on competing with them through company-owned operations. However, it may also indicate that the franchisor has limited experience operating outlets directly, which could affect the level of support and guidance they can provide to franchisees.