How many Bens Soft Pretzels outlets in Michigan experienced non-renewals in 2023?
Bens_Soft_Pretzels Franchise · 2025 FDDAnswer from 2025 FDD Document
24 | 1 | | Wisconsin | 2022 | 1 | | | 2023 | 2 | | | 2024 | 0 | | Total | 2022 | 9 | | | 2023 | 10 | | | 2024 | 4 | | State | Year | Outlets at Start of Year | Outlets Opened | Termina- tions | Non- Renewals | Reacquired by Franchisor | Ceased Operations - Other Reasons | Outlets at the End of the Year | |---|---|---|---|---|---|---|---|---| | Alabama | 2022 | 2 | 0 | 0 | 0 | 0 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 42–46)
What This Means (2025 FDD)
According to Bens Soft Pretzels' 2025 Franchise Disclosure Document, one outlet in Michigan experienced a non-renewal in 2023. The provided table outlines the status of franchise outlets from 2022 to 2024, detailing the number of outlets at the start of the year, outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, outlets that ceased operations for other reasons, and outlets at the end of the year.
For a prospective franchisee, this information is crucial in understanding the stability and turnover of Bens Soft Pretzels franchises in specific states. A non-renewal indicates that the franchisee's agreement was not extended at the end of its term, which could be due to various factors such as performance issues, failure to meet brand standards, or the franchisee's decision to exit the business.
It's important to note that while Michigan had one non-renewal in 2023, the number of outlets still remained at eight due to the opening of one new outlet during the year. This suggests that while there was a change in ownership or management at one location, the overall presence of Bens Soft Pretzels in Michigan was maintained. Prospective franchisees should investigate the reasons behind non-renewals in their target areas to assess potential risks and opportunities.