How many Care Plus Medical Ucc outlets were reacquired from franchisees in total during 2021?
Care_Plus_Medical_Ucc Franchise · 2024 FDDAnswer from 2024 FDD Document
le 3 Status of Franchised Outlets For Years 2021 to 2023**
| State | Year | Column 3 | Outlets Opened | Termi- Nations | Non- Renewals | Reacquired by Franchisor | Column 8 | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|---|
| Outlets at | Ceased | |||||||
| the Start | Operations | |||||||
| of the | – Other | |||||||
| Year | Reasons | |||||||
| N/A | 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2022 | 0 | 0 | 0 | 0 | 0 |
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, across all reporting tables, there were zero outlets reacquired from franchisees during 2021. One table provides data specifically on outlets reacquired by the franchisor, showing zero re acquisitions in 2021. Another table shows zero transfers of outlets from franchisees to new owners during the same year. These data points indicate that Care Plus Medical Ucc did not reacquire any franchised locations during that year.
This information is relevant for prospective franchisees as it provides insight into the stability of the franchise system. A high number of reacquired outlets could indicate financial distress or operational issues within the franchise network. The absence of reacquired units in 2021 suggests a stable relationship between Care Plus Medical Ucc and its franchisees during that period.
It is important to note that this data only reflects the specific timeframe of 2021. Prospective franchisees should review similar data for other years to identify any trends or patterns in franchise re acquisitions. Additionally, they should consider other factors such as the total number of franchises in operation and the reasons for any re acquisitions that may have occurred in other years to gain a comprehensive understanding of the franchise system's health.