How many company-owned City Wide outlets were operating at the end of 2022?
City_Wide 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 |
|---|---|---|---|---|
| 2022 | 68 | 85 | +17 | |
| Franchised | 2023 | 85 | 94 | +9 |
| 2024 | 94 | 98 | +4 | |
| 2022 | 0 | 0 | 0 | |
| Company-Owned | 2023 | 0 | 0 | 0 |
| 2024 | 0 | 0 | 0 | |
| 2022 | 68 | 85 | +17 | |
| Total Outlets | 2023 | 85 | 94 | +9 |
| 2024 | 94 | 98 | +4 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 58–65)
What This Means (2025 FDD)
According to City Wide's 2025 Franchise Disclosure Document, there were zero company-owned outlets operating at the end of 2022. The provided table outlines the number of franchised and company-owned outlets from 2022 to 2024.
For a prospective franchisee, this indicates that City Wide focuses on a franchise model rather than operating company-owned locations. This may mean that City Wide's revenue is generated primarily through franchise fees and royalties, rather than direct sales from company-operated outlets.
This information is valuable for potential franchisees as it provides insight into the company's business strategy and revenue streams. It also highlights that franchisees will not be competing with company-owned outlets, which is a common concern in some franchise systems. The absence of company-owned stores could also mean less direct operational data available from within the company, placing more importance on the performance of existing franchisees.