How many Epcon Communities franchise agreements have been signed in Texas, but the outlet has not yet opened?

According to Epcon Communities' 2025 Franchise Disclosure Document, as of the end of the 2024 fiscal year, there were 5 franchise agreements signed in Texas for which the outlet had not yet opened. This indicates that these franchisees have signed the agreement and secured their market area but have not yet commenced operations. This figure is based on the definition that an outlet is considered open upon a franchisee's signing of the Franchise Agreement and its corresponding Market Area Agreement.

For a prospective Epcon Communities franchisee in Texas, this information suggests a few things. First, there is already some activity and interest in the Texas market, with multiple agreements signed. Second, it could mean that there are opportunities to enter the market, but it may take some time to get an outlet up and running. The FDD also projects 3 new franchised outlets in Texas for the next fiscal year, indicating potential growth and further market development.

It's important to note that the number of signed agreements doesn't necessarily translate directly into operational, revenue-generating outlets. Delays in construction, permitting, or other factors could contribute to the lag between signing and opening. A potential franchisee should investigate the reasons why these outlets have not yet opened to better understand the market dynamics and potential challenges in Texas. Additionally, the franchisee should consider the projected new outlets and how that might impact their own business plans and market share.