What was the net change in the number of franchised Canine Dimensions outlets during 2024?
Canine_Dimensions Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| Franchised | 2022 | 26 | 26 | 0 |
| 2023 | 26 | 30 | +4 | |
| 2024 | 30 | 21 | -9 | |
| Company-Owned | 2022 | 1 | 0 | -1 |
| 2023 | 0 | 0 | 0 | |
| 2024 | 0 | 0 | 0 | |
| Total Outlets | 2022 | 27 | 26 | -1 |
| 2023 | 26 | 30 | +4 | |
| 2024 | 30 | 21 | -9 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 33–35)
What This Means (2025 FDD)
According to Canine Dimensions' 2025 Franchise Disclosure Document, the net change in the number of franchised outlets during 2024 was a decrease of 9 locations. At the start of 2024, there were 30 franchised Canine Dimensions outlets, but by the end of the year, the number had dropped to 21. This represents a significant contraction in the franchise system during that year.
This information is crucial for potential franchisees as it highlights the recent performance and stability of the Canine Dimensions franchise network. A decrease in the number of franchised outlets could indicate various underlying issues, such as franchisees exiting the system due to poor performance, disputes with the franchisor, or other factors affecting profitability and sustainability.
Prospective franchisees should investigate the reasons behind this net decrease to assess the overall health and attractiveness of the Canine Dimensions franchise opportunity. Understanding the factors that contributed to the closure or non-renewal of these franchises will provide valuable insights into the potential risks and challenges associated with investing in a Canine Dimensions franchise.