How many City Wide outlets opened in New York 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 |
|---|---|---|---|---|---|---|---|---|
| New York | 2022 | 2 | 0 | 0 | 0 | 0 | 0 | 2 |
| 2023 | 2 | 1 | 0 | 0 | 1 | 0 | 3 | |
| 2024 | 2 | 1 | 0 | 0 | 0 | 0 | 3 |
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 City Wide outlet opened in New York during 2023. The FDD provides a table outlining the status of franchised outlets from 2022 to 2024. In 2023, New York had two outlets at the start of the year and three at the end of the year.
This information is valuable for potential franchisees as it provides insight into the growth and changes in the number of City Wide locations in specific states over recent years. Reviewing this data helps prospective franchisees understand the brand's expansion trends and market penetration in different regions.
It's important to note that while the table shows the number of outlets opened, it also accounts for other changes such as outlets being reacquired by the franchisor. In 2023, one outlet was reacquired by City Wide in New York. This level of detail can help a potential franchisee assess the stability and performance of the franchise system in a particular area.
Overall, the data presented in Item 20 of the FDD offers transparency regarding the historical changes in the number of franchised outlets, which can be a useful tool for evaluating the potential of investing in a City Wide franchise.