How many franchised City Publications outlets were operating at the end of 2023?
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, there were 36 franchised outlets operating at the end of 2023. This information is part of a system-wide outlet summary covering the years 2022 to 2024. The number of franchised outlets decreased by one during 2023, starting the year with 37 outlets and ending with 36.
This decrease could be due to closures, terminations, or non-renewals of franchise agreements. However, the table detailing the status of franchised outlets by state indicates that there were 5 outlets opened during 2023. This suggests that while some new franchises were established, at least 6 existing franchises ceased operations during the year, resulting in a net decrease of one outlet.
For a prospective franchisee, this data highlights the importance of understanding the factors that contribute to franchise success and failure within the City Publications system. It would be prudent to investigate the reasons behind the net decrease in franchised outlets during 2023, such as market conditions, franchisee performance, or franchisor support. Understanding these dynamics can help a potential franchisee assess the risks and opportunities associated with investing in a City Publications franchise.
It is also worth noting that the number of company-owned outlets remained at zero throughout the period from 2022 to 2024. This indicates that City Publications primarily relies on the franchise model for its expansion and operations, which is a common practice in the franchise industry.