table_specific

How many C3 Wellness Spa franchises were terminated in 2022?

C3_Wellness_Spa Franchise · 2024 FDD

Answer from 2024 FDD Document

State Year Outlets at Start of Year Outlets Opened Terminations Non Renewals Reacquired by Franchisor Ceased Operations for Other Reasons Outlets at End of Year
Florida 2021 2 0 0 0 0 0 2
2022 2 0 0 0 0 0 2
2023 2 0 0 0 0 0 2
Totals 2021 2 0 0 0 0 0 2
2022 2 0 0 0 0 0 2
2023 2 0 0 0 0 0 2

Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 55–58)

What This Means (2024 FDD)

According to C3 Wellness Spa's 2024 Franchise Disclosure Document, there were zero terminations of C3 Wellness Spa franchises in Florida during 2022. The provided table specifically tracks franchise terminations, non-renewals, re acquisitions by the franchisor, and instances where operations ceased for other reasons.

This data point is crucial for prospective franchisees as it offers insight into the stability and success rate of existing C3 Wellness Spa franchise locations. A low number of terminations can be interpreted as a positive sign, suggesting that franchisees are generally able to operate successfully under the C3 Wellness Spa brand.

However, it is important to note that this data only reflects the situation in Florida. The FDD does not provide a system-wide number of terminations. A prospective franchisee should investigate further to understand the reasons for any terminations that did occur and to assess whether these reasons pose a risk to their own potential franchise.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.