How many franchisees of Carls in Oklahoma had their franchise terminated, non-renewed, or ceased operations?
Carls Franchise · 2024 FDDAnswer from 2024 FDD Document
| State | Year | Restaurants at Start of the Year | Restaurants Opened | Terminations | Non- Renewals | Reacquired by Franchisor | Ceased Operations – Other Reasons | Restaurants at End of the Year |
|---|---|---|---|---|---|---|---|---|
| OK | 2022 | 13 | 0 | 0 | 0 | 0 | 2 | 11 |
| 2023 | 11 | 0 | 0 | 0 | 0 | 0 | 11 | |
| 2024 | 11 | 0 | 0 | 0 | 0 | 1 | 10 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 72–79)
What This Means (2024 FDD)
According to Carls's 2024 Franchise Disclosure Document, the number of Carls restaurants in Oklahoma that ceased operations for "other reasons" was one. The table provided in Item 20 of the FDD details the number of restaurant terminations, non-renewals, and ceased operations for the past three years.
Specifically, for Oklahoma in 2024, there were 11 restaurants at the start of the year, zero restaurants opened, zero terminations, zero non-renewals, zero re acquisitions by the franchisor, one that ceased operations for other reasons, resulting in 10 restaurants at the end of the year.
This means that one Carls franchise location in Oklahoma closed for a reason other than termination, non-renewal, or reacquisition by Carls during the 2024 fiscal year. A prospective franchisee should inquire with Carls about the specific reasons for closures categorized as "other reasons" to fully understand potential risks.