How many City Publications outlets opened in New York during 2024?
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 | |
| Table No. 2 TRANSFERS OF OUTLETS FROM FRANCHISEES TO NEW OWNERS | Table No. 2 TRANSFERS OF OUTLETS FROM FRANCHISEES TO NEW OWNERS | |||
| (Other than the franchisor) FOR YEARS 2022 to 2024 | ||||
| STATE | YEAR | NUMBER OF TRANSFERS | ||
| Tennessee | 2022 2032 2024 | 0 1 0 | ||
| Totals | 2021 2023 2024 Table No. 3 STATUS OF FRANCHISED OUTLETS FOR YEARS 2022 to 2024 | 0 1 0 | ||
| State | Year | Outlets at Start of Year | Outlets Opened | Terminations |
| Alabama | 2022 | 1 | 0 | 0 |
| 2023 | 1 | 0 | 0 | |
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, one outlet opened in New York during 2024. The table provided in Item 20 details the status of franchised outlets for the years 2022 to 2024, broken down by state. This information is valuable for prospective franchisees as it offers a glimpse into the recent expansion activity of City Publications in different regions.
Specifically, the table shows that New York had two outlets at the start of 2024, opened one new outlet during the year, and had zero terminations. This suggests a moderate level of growth in New York, which could be a positive indicator for potential franchisees looking to invest in that market. It's important to note that past performance doesn't guarantee future results, but it can provide some insight into the brand's development.
Reviewing the data for other states can also be beneficial. For example, Colorado opened two outlets in 2024, while Texas opened one. Comparing these figures can help a prospective franchisee understand where City Publications is experiencing growth and where there might be more established markets. This information, combined with other factors like local market conditions and competition, can inform a franchisee's decision-making process.
It is also important to note the table includes data on terminations. In 2024, there were zero terminations across all states. This could indicate a stable franchise system, but further investigation into the reasons for any terminations in previous years would provide a more complete picture. A prospective franchisee should also consider the number of outlets at the start of the year to understand the net change in each state.