How many C12 Group outlets were operating in North Carolina 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 C12 Group's 2025 Franchise Disclosure Document, there were 5 outlets operating in North Carolina at the end 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 and end of each year, as well as any changes such as openings, closures, or transfers.
Specifically, for North Carolina, the table indicates that there were 5 outlets at the start of 2023. Throughout 2023, there were no new outlets opened, no terminations, non-renewals, re acquisitions by the franchisor, or cessation of operations for other reasons. Therefore, the number of outlets remained constant at 5 by the end of 2023.
This information is valuable for potential franchisees as it provides a historical overview of the franchise's growth and stability in specific regions. The consistent number of outlets in North Carolina over the three-year period suggests a stable market presence for C12 Group in that state. However, it's important to note that this data only reflects the number of outlets and doesn't provide insights into their financial performance or other qualitative factors.