What was the number of Buildingstars outlets at the start of 2022 in New Jersey?
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 | 23 | 0 | 0 | 0 | 19 | 90 |
| 2024 | 90 |
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 56 Buildingstars outlets in New Jersey at the start of 2022. During 2022, 22 new outlets were opened, while 12 ceased operations for other reasons, resulting in 66 outlets by the end of the year.
In 2023, Buildingstars saw further growth in New Jersey, with 39 new outlets opening. However, 15 outlets ceased operations, bringing the total to 90 outlets by the end of 2023. The trend continued into 2024, with 47 new outlets and 23 closures, resulting in 114 outlets in New Jersey by the end of that year.
This data indicates a pattern of growth in Buildingstars franchises within New Jersey, but also highlights a consistent number of outlets ceasing operations each year. A prospective franchisee should investigate the reasons for these closures to better understand the market dynamics and potential challenges in the New Jersey area.