What was the net change in the number of total City Wide outlets during the year 2024?

According to City Wide's 2025 Franchise Disclosure Document, the net change in the number of total City Wide outlets during 2024 was an increase of 4. This is based on the total number of outlets increasing from 94 at the start of the year to 98 by the end of the year. This indicates a steady, albeit modest, growth in the total number of City Wide locations.

For a prospective franchisee, this information provides insight into the recent growth trajectory of the City Wide franchise system. While a net increase of 4 outlets may seem small, it is important to consider this figure in the context of other factors, such as the performance of existing outlets and the overall health of the franchise system. A consistent, positive net change suggests that the franchise is generally expanding and attracting new franchisees.

It is also worth noting that the FDD provides separate figures for franchised outlets and company-owned outlets. In 2024, the net change for company-owned outlets was 0, meaning that all of the growth came from franchised locations. This could indicate that City Wide is primarily focused on expanding through franchising rather than opening new company-owned stores. A prospective franchisee may want to inquire about the company's strategy for company-owned versus franchised locations.

Overall, the information presented in Item 20 of the FDD suggests that City Wide is a growing franchise system, but prospective franchisees should conduct further research to fully understand the implications of this growth and the company's expansion strategy.