How many Closet Storage Concepts outlets in California were terminated 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 | ||||||||
| CCAALLIIFFOORRNNIAIA | 22002222 | R/ 1 | /}O 0 | O/O 0 | @/D 0 | /DO 0 | O/ 0 | PR/ |
| 1 | ||||||||
| 22002233 | RI | /sO 0 | /D 0 | O/D 0 | /sD 0 | O/F | IR 1 | |
| 1 | 0 | |||||||
| 22002244 | PRI | /lJ 0 | O/D | O/ 0 | O/s 0 | /}O 1 | IR/ | |
| 1 | 0 | 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 terminations of Closet Storage Concepts franchises in California during 2023. The table provided in Item 20 includes data on outlet status changes for the fiscal year ended December 31, 2023.
The table shows that California began 2023 with one outlet. Throughout the year, there were zero outlets opened, zero terminations, zero non-renewals, zero re acquisitions by the franchisor, and zero ceased operations for other reasons. Therefore, Closet Storage Concepts ended 2023 with one outlet in California.
This information is valuable for potential franchisees as it provides insight into the stability and performance of Closet Storage Concepts franchises in California. A lack of terminations could indicate a healthy franchise system, but further investigation into the reasons behind these numbers is advisable.