How many City Wide outlets opened in Connecticut during 2023?
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 |
|---|---|---|---|---|---|---|---|---|
| Connecticut | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 1 | 0 | 0 | 0 | 0 | 2 | |
| 2024 | 2 | 0 | 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, one outlet opened in Connecticut during 2023. The table provided in Item 20 details the status of franchised outlets from 2022 to 2024, showing that Connecticut had one outlet at the start of 2023, opened one new outlet during the year, and ended the year with two outlets. There were no terminations, non-renewals, or re acquisitions by the franchisor during that year.
This information is valuable for prospective franchisees as it provides insight into the growth and stability of City Wide in specific states. The data helps potential franchisees assess the brand's performance and expansion rate in a particular region. It also offers a historical perspective, allowing them to see trends in outlet openings, closures, and transfers over the past three years.
Reviewing this data in conjunction with other sections of the FDD, such as Item 19 (Financial Performance Representations) and Item 21 (Financial Statements), can give a more comprehensive understanding of the franchise's potential. By comparing the number of outlets opened with the financial performance, prospective franchisees can better evaluate the opportunities and risks associated with investing in a City Wide franchise in Connecticut or other states.
It is important to note that past performance is not necessarily indicative of future results. However, this historical data provides a factual basis for assessing the franchise's growth and stability, which can inform a prospective franchisee's decision-making process.