In what state did City Wide reacquire a franchise in 2024?
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 |
|---|---|---|---|---|---|---|---|---|
| Florida | 2022 | 6 | 0 | 0 | 0 | 0 | 0 | 6 |
| 2023 | 6 | 1 | 0 | 0 | 0 | 0 | 7 | |
| 2024 | 7 | 0 | 0 | 0 | 1 | 0 | 7 |
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, in 2024, City Wide reacquired a franchise in Florida. The table provided in Item 20 outlines the number of outlets at the start of the year, outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, outlets ceased operations for other reasons, and the number of outlets at the end of the year for each state.
Specifically, in Florida during 2024, there were 7 outlets at the start of the year, 0 outlets opened, 0 terminations, 0 non-renewals, 1 outlet reacquired by City Wide, 0 outlets that ceased operations for other reasons, resulting in 7 outlets at the end of the year. This indicates that City Wide reacquired one franchise location in Florida during the 2024 fiscal year.
This information is valuable for prospective franchisees as it provides insight into the stability and changes within the City Wide franchise system. The reacquisition of a franchise could be due to various factors, such as the franchisee's performance, strategic decisions by City Wide, or other unforeseen circumstances. Understanding these trends can help potential franchisees assess the risks and opportunities associated with investing in a City Wide franchise.