factual

What was the year-over-year growth in same store sales for Benjamin Franklin Plumbing from 2023 to 2024?

Benjamin_Franklin_Plumbing Franchise · 2025 FDD

Answer from 2025 FDD Document

Year Same Store Sales Year-over-Year Growth Same Store Sales Territory Count
2023 $206,315,551 310
2024 $210,794,748 2.2%

Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 75–78)

What This Means (2025 FDD)

According to Benjamin Franklin Plumbing's 2025 Franchise Disclosure Document, the brand experienced a 2.2% year-over-year growth in same store sales from 2023 to 2024. In 2023, the same store sales totaled $206,315,551 across 310 territories. By 2024, this figure increased to $210,794,748, reflecting the aforementioned growth.

This growth rate provides a general indication of the brand's performance across its established locations. However, it's important to note that this is an average across all reporting locations. Individual franchisee performance can vary significantly based on factors such as local market conditions, management effectiveness, and competition. A prospective franchisee should investigate further to understand the factors driving this growth and how they might apply to their specific territory.

While a 2.2% growth rate is positive, it is crucial to consider this figure in the context of broader economic trends and industry benchmarks. A prospective Benjamin Franklin Plumbing franchisee should compare this growth rate to those of other similar franchise systems and independent plumbing businesses to assess its relative strength. Additionally, they should inquire about the specific strategies and initiatives that Benjamin Franklin Plumbing is implementing to drive same store sales growth and how these strategies might benefit their franchise.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.