How many City Wide franchises were operating in New Hampshire 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 |
|---|---|---|---|---|---|---|---|---|
| New | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| Hampshire | ||||||||
| 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 New Hampshire at the start of 2024. The table provided in Item 20 of the FDD details the number of outlets at the start of the year, outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, outlets that ceased operations for other reasons, and outlets at the end of the year for each state. This information is presented for the years 2022, 2023, and 2024.
For a prospective franchisee, this data offers insight into the growth and stability of City Wide franchises across different states. The consistent presence of a City Wide franchise in New Hampshire from 2022 through 2024, with no terminations or closures, could be interpreted as a sign of stability in that market. However, the absence of growth during those years may also suggest limited market potential or challenges in expanding the business in that specific state.
It's important to note that while the table provides a historical overview, it doesn't guarantee future performance. Factors such as local market conditions, competition, and the franchisee's management skills will ultimately determine the success of a City Wide franchise in any given location. Reviewing this data in conjunction with other sections of the FDD, such as Item 19 (Financial Performance Representations) and conducting thorough market research, is crucial for making an informed investment decision.