What was the net change in the number of total City Publications outlets 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 |
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's 2025 Franchise Disclosure Document, the net change in the number of total City Publications outlets during 2024 was an increase of 4. The total number of outlets started the year at 36 and ended the year at 40. This data is part of the Systemwide Outlet Summary covering the years 2022 to 2024.
It is important to note that the provided data distinguishes between franchised and company-owned outlets. In 2024, the net change of +4 refers to franchised outlets. There were no company-owned outlets during this period, or in the years 2022 and 2023. This indicates that City Publications relies solely on franchising for its expansion and operations.
For a prospective franchisee, this information is crucial in understanding the growth and stability of the City Publications franchise system. A positive net change suggests that the franchise is expanding and attracting new franchisees. However, it is also important to consider the reasons behind outlet changes, such as terminations or transfers, to gain a comprehensive understanding of the franchise's health. Reviewing Item 20 in its entirety provides valuable insights into the dynamics of the franchise network.