How many City Wide franchises were operating at the beginning of 2023?
City_Wide Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Franchises Operating, Beginning of Year | 93 | 84 | 68 |
| Newly Established Franchises | 6 | 9 | 16 |
| Repurchased Franchises | - | - | - |
| Terminated Franchises | - | - | - |
| Franchises Operating, End of Year | 99 | 93 | 84 |
| New Established Franchises Since End of Year | - | - | 1 |
| Franchises Operating, Financial Statement Issue Date | 99 | 93 | 85 |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 65)
What This Means (2025 FDD)
According to City Wide's 2025 Franchise Disclosure Document, there were 84 franchises operating at the beginning of 2023. This number reflects the total number of City Wide franchises open and running as of January 1, 2023. This information is part of a table that also details the number of newly established, repurchased, and terminated franchises during the years 2022, 2023, and 2024.
For a prospective franchisee, this indicates the growth and changes within the City Wide franchise system over the past few years. It's important to note that this number does not include franchises operating in Canada or other international markets, as those are accounted for separately. The FDD specifies that for the years ended December 31, 2024, 2023, and 2022 there were four, four, and two franchises operating in Canada, respectively, which are not reflected in the table.
Reviewing these figures helps potential franchisees understand the stability and expansion rate of City Wide. Monitoring the number of new franchises, repurchases, and terminations can provide insights into the overall health and appeal of the franchise system. A consistent increase in operating franchises year over year may suggest a strong and well-supported franchise network.