How many City Publications outlets were operating in Minnesota at the start of 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 | |
| 2 |
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 zero outlets operating in Minnesota at the start of 2024. The provided table, which summarizes the status of franchised outlets from 2022 to 2024, indicates that for Minnesota, the 'Outlets at Start of Year' figure was 0 for the year 2024. This suggests that as of the beginning of 2024, there were no active City Publications franchises in the state.
For a prospective franchisee, this information is crucial as it sets the landscape for market penetration in Minnesota. Starting a City Publications franchise in an area with no existing presence could mean both opportunities and challenges. The lack of established competition within the franchise system might allow for quicker market dominance, but it also means the franchisee will bear the full responsibility of building brand awareness and trust in the region.
It's also worth noting that while there were no outlets at the start of 2024, the 'Projected Openings During The Upcoming Year as of December 31, 2024' table shows that two new franchised outlets were projected for Minnesota in the next fiscal year. This suggests that City Publications is planning to expand its presence in the state, which could provide some initial support and recognition for new franchisees. However, it's important to investigate the reasons behind the previous absence and understand the local market dynamics to ensure a successful launch.
Overall, the absence of existing franchises in Minnesota at the start of 2024 presents a blank slate for potential franchisees, but it also necessitates a thorough understanding of the local market and a robust business plan to establish City Publications' brand in the area. Prospective franchisees should inquire about the franchisor's plans for supporting new locations in previously untapped markets.