In 2020, how many Care Plus Medical Ucc outlets were reacquired from franchisee?
Care_Plus_Medical_Ucc Franchise · 2024 FDDAnswer from 2024 FDD Document
| State | Year | Column 3 | Outlets Opened | Column 5 | Outlets Closed | Outlets Sold to Franchisee | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|
| Outlets at | Outlets | ||||||
| the Start | Reacquired | ||||||
| of the | from | ||||||
| Year | Franchisee | ||||||
| California | 2021 | 3 | 0 | 0 | 0 | 0 | 3 |
| 2022 | 3 | 0 | 0 | 0 | 0 | 3 | |
| 2023 | 3 | 0 | 0 | 0 | 0 | 3 | |
| Totals | 2020 | 1 | 2 | 0 | 0 | 0 | 3 |
| 2021 | 3 | 0 | 0 | 0 | 0 | 3 | |
| 2022 | 3 | 0 | 0 | 0 | 0 | 3 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 38–41)
What This Means (2024 FDD)
According to Care Plus Medical Ucc's 2024 Franchise Disclosure Document, in the state of California, there were zero outlets reacquired from franchisees in 2020. The table provided in Item 20 includes data for the years 2020 through 2023.
Specifically, the table details the number of outlets at the start of the year, outlets opened, outlets reacquired from franchisees, outlets closed, outlets sold to franchisees, and the number of outlets at the end of the year. For 2020, the data shows that there was one outlet at the start of the year, two outlets opened, zero outlets reacquired from franchisees, zero outlets closed, zero outlets sold to franchisees, and three outlets at the end of the year.
This information is valuable for potential franchisees as it provides insight into the stability and changes within the Care Plus Medical Ucc franchise system. The fact that no outlets were reacquired in 2020 could be interpreted positively, suggesting that franchisees were generally successful and did not have to relinquish their locations back to the company. However, it is important to consider this data in conjunction with other factors, such as the number of outlets opened and closed, to get a comprehensive understanding of the franchise's performance.