How many City Wide outlets were reacquired from franchisees in 2023?
City_Wide Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets at Start of Year | Outlets Opened | Outlets Reacquired From Franchisees | Outlets Closed | Outlets Sold to Franchisee | Outlets at End of Year |
|---|---|---|---|---|---|---|---|
| California | 2022 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 1 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 0 | 0 | 1 | 0 | |
| Kansas | 2022 | 1 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 0 | 0 | 0 | 1 | |
| New York | 2022 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 1 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 0 | 0 | 1 | 0 | |
| TOTAL | 2022 | 1 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 2 | 0 | 0 | 1 | |
| 2024 | 3 | 0 | 1 | 0 | 1 | 5 |
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 were a total of 2 outlets reacquired from franchisees in 2023. Specifically, one outlet was reacquired in California and another in New York during that year. This information is based on the provided table outlining the status of franchised outlets for the years 2022 to 2024.
It's important to note that while City Wide reacquired these outlets, there were no outlets closed during 2023. The table provides a clear overview of outlet activity, including openings, re acquisitions, and closures, offering prospective franchisees insight into the dynamics of the franchise system. The total number of outlets at the end of 2023 was 1, reflecting the impact of these re acquisitions on the overall network size in those specific states.
For a potential City Wide franchisee, this data indicates the brand's history of reacquiring franchises. While the numbers are relatively low, it is important to understand the reasons behind these re acquisitions. This information can be valuable in assessing the stability and performance of existing franchise locations and the overall health of the City Wide franchise system. It would be prudent for prospective franchisees to inquire about the circumstances surrounding these re acquisitions to better understand the potential risks and opportunities within the franchise network.