What was the net change in the number of franchised City Wide outlets during 2024?
City_Wide Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| 2022 | 68 | 85 | +17 | |
| Franchised | 2023 | 85 | 94 | +9 |
| 2024 | 94 | 98 | +4 | |
| 2022 | 0 | 0 | 0 | |
| Company-Owned | 2023 | 0 | 0 | 0 |
| 2024 | 0 | 0 | 0 | |
| 2022 | 68 | 85 | +17 | |
| Total Outlets | 2023 | 85 | 94 | +9 |
| 2024 | 94 | 98 | +4 |
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, the net change in the number of franchised outlets during 2024 was an increase of 4. Specifically, the number of franchised City Wide outlets started at 94 at the beginning of 2024 and ended the year at 98. This indicates a modest expansion of the franchise network during that year.
For a prospective franchisee, this information provides insight into the growth trajectory of City Wide. A positive net change suggests that the franchise system is generally healthy and expanding. However, it's important to consider the specific factors contributing to this change, such as the number of new franchises opened versus the number of terminations or non-renewals. A deeper dive into these numbers can reveal more about franchisee success and satisfaction within the City Wide system.
It is also worth noting that the net change in outlets can vary significantly from year to year, and can also vary by state. Reviewing the historical data for multiple years, as presented in the FDD, provides a more comprehensive understanding of City Wide's growth patterns. Additionally, prospective franchisees should inquire about the reasons behind any terminations or non-renewals to assess potential risks and challenges within the franchise system.