In 2020, how many Care Plus Medical Ucc outlets were sold to 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 2020, zero outlets were sold to franchisees. The provided table in Item 20 outlines the systemwide outlet summary, including details on outlets sold to franchisees.
Specifically, the table includes a column for 'Outlets Sold to Franchisee,' which indicates the number of existing outlets that were sold to new franchisees during the specified year. In 2020, the value listed in this column is 0, meaning no existing Care Plus Medical Ucc outlets were sold to franchisees during that year.
This information is valuable for potential franchisees as it provides insight into the company's growth strategy and how outlets change ownership within the system. A consistent record of zero sales to franchisees might suggest that Care Plus Medical Ucc prefers to maintain company-owned stores or relies primarily on new franchise openings for expansion rather than transferring existing locations.