How many City Wide outlets were operating in Iowa at the start of 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 |
|---|---|---|---|---|---|---|---|---|
| Iowa | 2022 | 0 | 1 | 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 City Wide outlet operating in Iowa at the start of 2023. The provided table in Item 20 outlines the number of outlets at the start of the year, outlets opened, and the number of outlets at the end of the year for various states. For Iowa, the table shows one outlet at the beginning of 2023 and no additional outlets opened during that year, resulting in one outlet at the end of 2023.
This information is valuable for potential franchisees as it provides insight into City Wide's existing market presence in Iowa. A franchisee can assess the level of competition and market saturation in the state. Knowing there was only one outlet at the start of 2023, a prospective franchisee might consider Iowa to be a relatively untapped market with growth potential.
However, it's also important to consider why there was only one outlet. It could be due to a variety of factors, such as limited demand for City Wide's services in Iowa, challenges in finding suitable locations, or other business-related issues. Further investigation and due diligence are essential to understand the market dynamics and potential risks involved in establishing a City Wide franchise in Iowa. Talking to existing franchisees in nearby states could provide valuable insights.
Overall, the data suggests that Iowa may present an opportunity for a new City Wide franchise, but a thorough understanding of the local market conditions is crucial for success. A prospective franchisee should research the specific reasons for the limited number of existing outlets and develop a comprehensive business plan to address any potential challenges.