How many Closet Storage Concepts outlets in Connecticut 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 | ||||||
| CCOOLLOORRAADDOO | 22002222 | PI 1 | O/s 0 | O/ 0 | sDO | DO/ 0 | /DO 0 | OJ 1 |
| 0 | ||||||||
| 22002233 | PR 1 | O/ 0 | OsD | /sO | sDO 0 | JD 0 | IRI | |
| 0 | 0 | 1 | ||||||
| 22002244 | IR 1 | sO/ | /D/ 0 | sDO 0 | /sD 0 | O/s | RI 1 | |
| 0 | 0 | |||||||
| CCOONNNNEECCTTICICUUTT | 22002222 | IP | JO/ | D/ 0 | /DO 0 | /DO 0 | O/s 0 | RIR |
| 1 | 0 | 1 | ||||||
| 22002233 | RIP | sOl | sOJ | /DO 0 | /DO 0 | OsD 0 | IR 1 | |
| 1 | 0 | 0 | ||||||
| 22002244 | R/ 1 | sOs 0 | D/ 0 | sOJ 0 | /s 0 | O/ 0 | IRI | |
| 1 | ||||||||
| MMAASSSSAACCHHUUSESTETTST S | 22002222 | RI 1 | JO/ 0 | DO/ | IDO 0 | OJD | O/s | RI 1 |
| 0 | 0 | 0 | ||||||
| 22002233 | PI 1 | sOs 0 | D/D 0 | /J 0 | /DO | O/s | PIP | |
| 0 | 0 | 1 | ||||||
| 22002244 | IR 1 | OsO 0 | /s 0 | O/D | /DO | DO/ 0 | RI 1 | |
| 0 | 0 | |||||||
| NNEEVVAADDAA | 22002222 | IP 1 | /sO 0 | OJD | O/D | /DO | sOl 0 | RIP |
| 0 | 0 | 0 | 1 | |||||
| 22002233 | 1 | lsO 0 | O/ 0 | OsO 0 | /sO 0 | sO 0 | RI 1 | |
| E | ||||||||
| 22002244 | IRI 1 | sJO 0 | lO/ | JDO 0 | JDO 0 | /JO | PIP | |
| 0 | 0 | 1 | ||||||
| NNEEWW JJEERRSSEEYY | 22002222 | 1 | /s 0 | DO/ 0 | lO/ 0 | lO/ 0 | /DO 0 | RI 1 |
| P | ||||||||
| 22002233 | RIP 1 | Ols | s/ 0 | sO/ 0 | sO/ 0 | /lO 0 | PIP | |
| 0 | 1 | |||||||
| 22002244 | IR 1 | OsO | OsO | sOl 0 | sOS 0 | Ss 0 | RI 1 | |
| 0 | 0 | |||||||
| NNOORRTTHH CCAARROOLLIINNAA | 22002222 | I 1 R | /sO 0 | sO/ 0 | sO 0 | sOs 0 | JO/ 0 | PRI 1 |
| 22002233 | IP 1 | lsO 0 | sO 0 | sOl | O/s 0 | sOl 0 | PR 1 | |
| 0 | ||||||||
| 22002244 | IR 1 | sJO 0 | /lO 0 | sO/ | OLO 0 | sO/ 0 | IPR | |
| 0 | 1 | |||||||
| PPEENNNNSSYYLLVVAANNIAIA | 22002222 | I | /sO 0 | ls 0 | s/O 0 | /JF 1 | sO/ 0 | ]O 0 |
| 1 | ||||||||
| 22002233 | R/O | lsJ 0 | OSs | lsO 0 | /JO 0 | DO 0 | JO/ | |
| 0 | 0 | 0 | ||||||
| 22002244 | JO 0 | OSs 0 | OsO 0 | sOl 0 | SJO 0 | /sO | O/ 0 | |
| 0 | ||||||||
| TTOOTTAALLS S | 22002222 | /W 9 | O/s 0 | lO 0 | sOl 0 | JP 1 | /OL 0 | OD/ |
| 8 | ||||||||
| 22002233 | /DJ | 0 | /DO 0 | O/ 0 | F!l | OLO 0 | OC 8 | |
| 8 | D | 0 | ||||||
| 22002244 | OC 8 | ID 0 | ID 0 | DID | OID | JF 1 | IN 7 | |
| 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 zero terminations of Closet Storage Concepts outlets in Connecticut during the fiscal year 2023. The table provided in Item 20 of the FDD details the number of outlets at the start of the year, outlets opened, terminations, non-renewals, reacquired franchises, ceased operations for other reasons, and the number of outlets at the end of the year for various states.
Specifically, for Connecticut in 2023, the table shows that there were 1 outlet at the start of the year, no outlets opened, zero terminations, zero non-renewals, zero franchises reacquired by Closet Storage Concepts, and zero outlets that ceased operations for other reasons. This resulted in 1 outlet at the end of the year.
This information is valuable for potential franchisees as it provides insight into the stability and performance of existing Closet Storage Concepts franchises. A low number of terminations can be seen as a positive indicator, suggesting that franchisees are generally successful and satisfied with their business. However, it is important to consider this data in conjunction with other factors, such as the number of new openings and overall system growth, to get a comprehensive understanding of the franchise system's health.