How many Buildingstars outlets were open in New Jersey at the start of 2023?
Buildingstars Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlets at Start of | Outlets | Termina | Non | Reacquired by | Ceased Operations - | Outlets at End of the | ||
|---|---|---|---|---|---|---|---|---|
| State | Year | Year | Opened | tions | Renewals | Franchisor | Other Reasons | Year |
| 2022 | 56 | 22 | 0 | 0 | 0 | 12 | 66 | |
| NJ | 2023 | 66 | 39 | 0 | 0 | 0 | 15 | 90 |
| 2024 | 90 | 47 | 0 | 0 | 0 | 23 | 114 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 34–43)
What This Means (2025 FDD)
According to Buildingstars' 2025 Franchise Disclosure Document, there were 66 outlets open in New Jersey at the start of 2023. During 2023, 39 new Buildingstars outlets opened in New Jersey, while 15 ceased operations for other reasons. This resulted in a total of 90 Buildingstars outlets in New Jersey by the end of 2023.
For a prospective franchisee, this data indicates the growth and activity of Buildingstars in New Jersey. The opening of 39 new outlets suggests expansion and market penetration, while the closure of 15 outlets highlights the potential for business challenges or turnover within the franchise system. Understanding the reasons behind these closures could be valuable for new franchisees.
Overall, the net growth of Buildingstars in New Jersey, with an increase from 66 to 90 outlets in 2023, suggests a positive trend. However, it's important for potential franchisees to investigate the reasons for outlet closures and assess the overall health and stability of the Buildingstars franchise in the region.