How many Closet Storage Concepts outlets in Massachusetts were non-renewed in 2024?
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 non-renewals in Massachusetts in 2024. The table provided in Item 20 includes data on outlet status changes for the fiscal year ended December 31, 2024, and it indicates that for Massachusetts, there were 1 outlet at the start of the year and 1 at the end of the year, with zero non-renewals.
This information is crucial for potential franchisees as it provides insight into the stability and health of Closet Storage Concepts franchises in Massachusetts. A non-renewal means that the franchisee's agreement was not extended at the end of its term, which could be due to various factors such as performance issues, strategic changes, or disagreement with the franchisor. The absence of non-renewals in Massachusetts for 2024 suggests a stable franchise environment in that state.
However, it is important to note that this data represents only a single year. Prospective franchisees should review historical trends and consider other factors, such as terminations and transfers, to gain a comprehensive understanding of franchise performance and stability within the Closet Storage Concepts system. Additionally, speaking with current and former franchisees in Massachusetts can provide valuable qualitative insights into the franchise experience and any potential challenges or opportunities.