In what year did City Wide reacquire a franchise in Florida?
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, City Wide reacquired a franchise in Florida in 2024. The table provided in Item 20 outlines the status of franchised outlets from 2022 to 2024. In 2024, under the 'Reacquired by Franchisor' column for Florida, the table shows a value of 1.
This indicates that during the 2024 fiscal year, City Wide took over one of its previously franchised locations in Florida. This could occur for various reasons, such as the franchisee's decision to exit the business, failure to meet performance standards, or a strategic decision by City Wide to consolidate operations.
For a potential franchisee, this information is relevant as it provides insight into franchise stability and the circumstances under which City Wide might reacquire a franchise. It is important to investigate the reasons behind franchise re acquisitions to assess the health and stability of the franchise system.