How many Buildingstars outlets were reacquired by the franchisor in New Jersey during 2023?
Buildingstars Franchise · 2025 FDDAnswer from 2025 FDD Document
023 | 0 | | | 2024 | 0 | | | 2022 | 6 | | Total | 2023 | 5 | | | 2024 | 1 |
Table 3 Status of Franchised Outlets For years 2022 to 2024
| State | Year | Outlets at Start of Year | Outlets Opened | Termina tions | Non Renewals | Reacquired by Franchisor | Ceased Operations Other Reasons | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|---|
| 2022 | 89 | 25 | 0 | 0 | 0 | 28 | 86 | |
| AZ | 2023 | 86 |
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 zero outlets reacquired by the franchisor in New Jersey during 2023. The provided table in Item 20 outlines outlet data by state and year, including the number of outlets reacquired by Buildingstars.
Specifically, for New Jersey in 2023, the table shows the following changes in the number of outlets: starting the year with 66 outlets, opening 39 new outlets, having zero terminations or non-renewals, zero reacquired by the franchisor, 15 ceased operations for other reasons, and ending the year with 90 outlets. This indicates that Buildingstars did not reacquire any franchises in New Jersey during that year.
Prospective franchisees can use this information to understand the stability and changes within the Buildingstars franchise system in specific states. A high number of reacquired franchises might indicate potential issues with franchisee success or franchisor strategies, while a low number, as in this case, could suggest a stable franchise network.