How many company-owned City Wide outlets were reacquired from franchisees in California during 2023?
City_Wide Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets at Start of Year | Outlets Opened | Outlets Reacquired From Franchisees | Outlets Closed | Outlets Sold to Franchisee | Outlets at End of Year |
|---|---|---|---|---|---|---|---|
| California | 2022 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 1 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 0 | 0 | 1 | 0 |
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 no company-owned City Wide outlets reacquired from franchisees in California during 2023. The provided table tracks the number of outlets reacquired from franchisees, specifying that in 2023, one franchise was reacquired in California, but it was not a company-owned outlet.
This distinction is important for potential franchisees as it clarifies the circumstances under which a franchise might revert back to City Wide. The table provides a historical view of franchise re acquisitions, which can help a prospective franchisee understand the stability and transfer dynamics within the City Wide franchise system.
It is important to note that while one franchise was reacquired in California during 2023, it was not specified as a company-owned outlet. This suggests that the reacquired franchise may have been sold to another franchisee or managed differently by City Wide. Reviewing the complete FDD and speaking with current and former franchisees can provide additional context to these reacquisition events.