In 2024, what was the net change in the number of franchised City Publications outlets?
City_Publications 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 | 39 | 37 | -2 |
| 2023 | 37 | 36 | -1 | |
| 2024 | 36 | 40 | +4 | |
| Company Owned | 2022 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | |
| 2043 | 0 | 0 | 0 | |
| Total Outlets | 2022 | 39 | 37 | -2 |
| 2023 | 37 | 36 | -1 | |
| 2024 | 36 | 40 | +4 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION Systemwide Outlet Summary For years 2022 to 2024 (FDD pages 32–38)
What This Means (2025 FDD)
According to City Publications' 2025 Franchise Disclosure Document, the net change in the number of franchised outlets in 2024 was an increase of 4. This indicates a positive growth trend for the franchise system during that year.
This net change is calculated by considering the number of franchised outlets at the start and end of the year. For City Publications, there were 36 franchised outlets at the beginning of 2024, and 40 by the end of the year. The difference between these figures represents the net increase.
For a prospective franchisee, this information suggests that City Publications is expanding its franchise network. While one year of growth is not necessarily indicative of a long-term trend, it can be viewed as a positive sign. It would be prudent for a potential franchisee to investigate the reasons behind this growth, such as new franchise openings or acquisitions, and to compare this data with previous years to assess the overall stability and growth trajectory of the franchise system.