How many City Wide franchises ceased operations for other reasons in Florida during 2022?
City_Wide Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets at Start of the Year | Outlets Opened | Terminations | Non- Renewals | Reacquired by Franchisor | Ceased– Operations - Other Reasons | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|---|
| Florida | 2022 | 6 | 0 | 0 | 0 | 0 | 0 | 6 |
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 City Wide franchises in Florida that ceased operations for 'other reasons' during 2022. The provided table outlines the status of franchises, including openings, terminations, non-renewals, re acquisitions by the franchisor, and instances of ceased operations for other reasons. For Florida in 2022, the number listed under 'Ceased – Operations - Other Reasons' is 0.
This data point is important for potential franchisees as it provides insight into the stability and performance of existing franchises within specific states. A higher number of franchises ceasing operations for 'other reasons' might warrant further investigation into the factors causing these closures. However, in this case, the absence of such occurrences in Florida during 2022 could be seen as a positive indicator.
It is worth noting that 'other reasons' for ceasing operations can encompass a variety of circumstances, such as failure to meet performance standards, disputes with the franchisor, or other unforeseen issues. While the FDD provides this specific data, prospective franchisees should still conduct their own due diligence, including speaking with current and former franchisees, to gain a more comprehensive understanding of the franchise system's dynamics and potential challenges.