What was the net change in the number of franchised Dq Treat outlets during the year 2023?
Dq_Treat Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| Franchised | 2022 | 828 | 789 | -39 |
| 2023 | 789 | 751 | -38 | |
| 2024 | 751 | 727 | -24 | |
| Company-Owned | 2022 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | |
| 2024 | 0 | 0 | 0 | |
| Total Outlets | 2022 | 828 | 789 | -39 |
| 2023 | 789 | 751 | -38 | |
| 2024 | 751 | 727 | -24 |
Source: Item 20 — UItem 20U***:** U**Outlets and Franchisee Information (FDD pages 56–67)
What This Means (2025 FDD)
According to Dq Treat's 2025 Franchise Disclosure Document, there was a net decrease of 38 franchised outlets in 2023. The number of franchised Dq Treat outlets went from 789 at the start of 2023 to 751 by the end of the year. This information is part of a system-wide outlet summary that also includes data for 2022 and 2024.
This decrease in franchised outlets could be due to a variety of factors, such as closures, terminations, or non-renewals of franchise agreements. It is important to note that this number reflects the net change, meaning it takes into account both new openings and closures. A prospective franchisee should investigate the reasons behind this net decrease to understand the potential risks and opportunities associated with investing in a Dq Treat franchise.
It's also worth noting that the FDD includes separate tables for direct-licensed and subfranchised outlets. The data mentioned above appears to be for direct-licensed outlets. The FDD also states that information regarding subfranchised outlets is provided by territory operators and is not independently verified by ADQ. Therefore, a potential franchisee should carefully review all available data and conduct their own due diligence to get a complete picture of the Dq Treat franchise system.
Another table in the 2025 FDD provides a different view of the changes in outlet numbers, specifically for subfranchised territory operator outlets. This table shows that the number of franchised outlets went from 376 at the start of 2023 to 371 at the end of 2023, representing a net change of -5. This discrepancy highlights the importance of carefully examining all the tables and disclosures within the FDD to understand the different segments of the Dq Treat franchise system and their respective performance.