What was the net change in the total number of City Publications outlets during 2022?
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 total number of City Publications outlets experienced a net decrease of 2 during 2022. Specifically, the number of franchised outlets decreased from 39 at the start of the year to 37 by the end of the year. The number of company-owned outlets remained at 0 throughout 2022. This resulted in the total number of outlets decreasing from 39 to 37.
For a prospective franchisee, this indicates a slight contraction in the City Publications franchise system during 2022. While not a large decrease, it could signal potential challenges or market adjustments within the system. It is important to note that while the total number of franchises decreased, two new franchises opened during 2022.
A prospective franchisee should investigate the reasons behind the net decrease in franchise locations. Understanding whether closures were due to franchisee performance, market conditions, or other factors is crucial for assessing the stability and growth potential of a City Publications franchise. It would be prudent to speak with current and former franchisees to gain further insight into these trends and the overall health of the franchise system.