How many City Wide franchises were operating in Minnesota at the start of 2024?
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 |
|---|---|---|---|---|---|---|---|---|
| Minnesota | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
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 was one franchise operating in Minnesota at the start of 2024. The table provided in Item 20 of the FDD details the number of franchise outlets by state for the years 2022, 2023, and 2024. For Minnesota, the data shows consistent operation of one outlet throughout these three years. No additional outlets were opened, terminated, or otherwise changed during this period. Therefore, a prospective franchisee can infer a stable, albeit small, presence of City Wide in Minnesota.
This information is valuable for potential franchisees as it provides insight into the existing market saturation and growth patterns within specific states. The stability in Minnesota's outlet count might suggest a steady demand or a market that has reached its current capacity under the existing franchise. It is important to note that this data reflects past performance and does not guarantee future results.
Prospective franchisees should further investigate the reasons behind the lack of growth in Minnesota. Understanding the local market dynamics, competition, and potential for expansion is crucial before making an investment decision. This information, combined with other factors such as local economic conditions and City Wide's marketing strategies, will provide a more comprehensive view of the franchise opportunity in Minnesota.