How many City Wide franchises did the franchisor reacquire in Connecticut during 2024?
City_Wide Franchise · 2025 FDDAnswer from 2025 FDD Document
| New York | 2022 | 0 | | | 2023 | 1 | | | 2024 | 0 | | Pennsylvania | 2022 | 0 | | | 2023 | 0 | | | 2024 | 1 | | Florida | 2022 | 0 | | | 2023 | 0 | | | 2024 | 1 | | TOTAL | 2022 | 0 | | | 2023 | 3 | | | 2024 | 5 | [remainder of page blank]
TABLE NO. 3 Status of Franchised Outlets For Years 2022 to 2024
| 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 |
|---|---|---|---|---|---|---|---|---|
| Alabama | 2022 | 0 | 1 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 1 | 0 | 0 | 0 | 0 | 2 |
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 franchises reacquired by City Wide in Connecticut during 2024. The table provided in Item 20 outlines the status of franchised outlets from 2022 to 2024, showing that in 2024, Connecticut had two outlets at the start of the year, opened zero new outlets, had zero terminations, zero non-renewals, zero re acquisitions by the franchisor, and zero ceased operations for other reasons, resulting in two outlets at the end of the year.
This data point is important for potential franchisees to consider as it reflects the stability and performance of City Wide franchises in Connecticut. A reacquisition could indicate underperformance or other issues with the franchise that led to City Wide taking it back under corporate control. The absence of re acquisitions in Connecticut for 2024 suggests that the existing franchises in that state are operating successfully under their current ownership.
It is worth noting that while Connecticut did not have any re acquisitions in 2024, Florida and New Jersey each had one franchise reacquired by City Wide during that year. This information provides a broader context for understanding franchise performance across different states and highlights the importance of researching specific market conditions and franchise support systems in each region. Reviewing this data over multiple years, as presented in the table, offers a more comprehensive view of franchise trends and potential risks.
Prospective franchisees should also investigate the reasons behind any re acquisitions in other states to better understand the factors that contribute to franchise success or failure within the City Wide system. This due diligence can help them make informed decisions about their investment and prepare for potential challenges in their own franchise operations.