How many C12 Group outlets were operating in Connecticut at the start 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 C12 Group's 2025 Franchise Disclosure Document, there was one outlet operating in Connecticut at the start of 2023. The table provided in Item 20 of the FDD outlines the status of franchised outlets from 2022 to 2024, showing the number of outlets at the start of each year, how many opened, terminations, non-renewals, re acquisitions by the franchisor, ceased operations for other reasons, and the number of outlets at the end of the year. For Connecticut, the data indicates that at the beginning of 2023, there was one C12 Group outlet already in operation.
This information is crucial for potential franchisees as it provides a snapshot of the existing market presence of C12 Group in Connecticut. A single outlet at the start of 2023 suggests a relatively small footprint in the state, which could mean both opportunities and challenges. The opportunity lies in the potential for growth and market penetration, while the challenge could be establishing brand recognition and competing with other business advisory services.
The table also shows that no additional outlets were opened in Connecticut during 2023, and no outlets were terminated or ceased operations. This indicates stability in the Connecticut market for C12 Group during that year. The number of outlets remained constant at one throughout 2023. This data helps prospective franchisees assess the growth potential and stability of the C12 Group franchise in Connecticut.
Reviewing this data in conjunction with other factors, such as market demographics and local economic conditions, will enable potential franchisees to make a well-informed decision about investing in a C12 Group franchise in Connecticut. It's also advisable to speak with existing franchisees in the region to gain further insights into the market dynamics and opportunities.