What was the total number of company-owned Benjamin Franklin Plumbing outlets at the end of 2023?
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 total number of company-owned outlets at the end of 2023 was 10. The FDD provides a table outlining the number of company-owned and franchised outlets for the years 2022, 2023, and 2024. This information is useful for prospective franchisees to understand the company's involvement in operating its own outlets versus franchising.
Specifically, the table shows that the number of company-owned Benjamin Franklin Plumbing outlets remained constant at 10 for each of the years 2022, 2023 and 2024. This suggests that Benjamin Franklin Plumbing may focus more on franchising as a growth strategy rather than expanding through company-owned locations.
For a potential franchisee, this information indicates that the franchisor's revenue is likely derived primarily from franchise fees and royalties rather than direct sales from company-operated stores. Therefore, the success of Benjamin Franklin Plumbing as a franchisor is heavily dependent on the success of its franchisees. It would be prudent for a prospective franchisee to further investigate the support and training provided to franchisees to ensure their success.