How many C12 Group franchises were operating in Minnesota at the end of 2023?
C12_Group Franchise · 2025 FDDAnswer from 2025 FDD Document
22 | 1 | | | 2023 | 0 | | | 2024 | 0 | | Total | 2022 | 1 | | | 2023 | 1 | | | 2024 | 2 | | State | Year | Outlets at Start of Year | Outlets Opened | Termin- ations | Non- Renewals | Reacquired By Franchisor | Ceased Operation Other Reasons | Outlets at End of Year | |---|---|---|---|---|---|---|---|---| | AL | 2022 | 1 | 1 | 0 | 0 | 0 | 0 | 2 | | | 2023 | 2 | 0
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 41–46)
What This Means (2025 FDD)
According to the 2025 FDD, C12 Group had one franchise operating in Minnesota at the end of 2023. The provided table, "Table No. 3 Status of Franchised Outlets for Years 2022 to 2024," details the number of franchised outlets for each state over those three years. For Minnesota, the table shows that at the start of 2023, there was one outlet, and there were no openings, terminations, non-renewals, re acquisitions by the franchisor, or ceased operations for other reasons during the year. Therefore, the number of outlets at the end of 2023 remained at one.
This information is crucial for potential franchisees as it provides insight into the stability and growth (or lack thereof) of C12 Group franchises in specific states. A consistent number of outlets, as seen in Minnesota, might suggest a stable market presence, but it could also indicate limited growth opportunities.
Prospective franchisees should further investigate the reasons behind the lack of growth in Minnesota, such as market saturation, economic conditions, or franchisor strategies. Understanding these factors will help in making an informed decision about investing in a C12 Group franchise in that region.