How many Closet Storage Concepts outlets in Arizona were opened in 2023?
Closet_Storage_Concepts Franchise · 2025 FDDAnswer from 2025 FDD Document
| CCLLOOSSEETT && SSTTOORRAAGGEE CCOONNCCEEPPTST S | ||||||||
|---|---|---|---|---|---|---|---|---|
| SSttaattee | YYeeaarr | OOuutlteltest s aatt SSttaarrt t ooff YYeeaarr | OOuutlteltest s OOppeenneedd | TTeerrmmininataitoionns s | NNoonn- - RReenneewwalasl s | RReeaaccqquuirireedd bbyy FFrraanncchhisisoorr | CCeeaasseedd OOppereartaitoionns s --OOtthheerr RReeaassoonns s | OOuutlteltest s AAt t EEnndd OOf f tthhee YYeeaarr |
| AARRIIZZOONNAA | 22002222 | 1 | 0 | 0 | 0 | 0 | 0 | 11 |
| PP | @ | @ | @ | @ | @ | |||
| 22002233 | /R 1 /R | }O/ 0 | a; 0 | a;} 0 | a;O 0 | /Os 0 | 1 P | |
| 22002244 | IIP 1 | O/O 0 | }O/ | Oos 0 | o/O 0 | DO/ 0 | /I 1 | |
| 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 55–59)
What This Means (2025 FDD)
According to Closet Storage Concepts' 2025 Franchise Disclosure Document, there were no new Closet Storage Concepts outlets opened in Arizona during 2023. The table provided in Item 20 outlines the changes in the number of franchise outlets across various states.
The Arizona row indicates that in 2023, there was one outlet at the start of the year and zero outlets opened during the year. There were also zero terminations, non-renewals, re acquisitions by the franchisor or ceased operations for other reasons. This resulted in one outlet at the end of 2023.
This data point is crucial for potential franchisees as it provides insight into the brand's growth and stability in specific markets. A lack of new openings could suggest market saturation, a cautious expansion strategy, or challenges in attracting new franchisees in that region. It is important to note that the symbols in the table may not accurately reflect the numbers. It would be wise to clarify these figures with Closet Storage Concepts directly.