How many Epcon Communities outlets ceased operations for reasons other than termination, non-renewal, or reacquisition in North Carolina during 2023?
Epcon_Communities Franchise · 2025 FDDAnswer from 2025 FDD Document
linas, Epcon Georgia and Epcon Indiana.
Following is information on our franchises as of the end of our 2022, 2023 and 2024 fiscal years:
ITEM 20 TABLE NO. 3 STATUS OF FRANCHISED OUTLETS FOR FISCAL YEARS 2022/2023/2024
| Col. 1 State* | Col. 2 Year | Col. 3 Outlets at Start of Year | Col. 4 Outlets Opened6 | Col. 5 Term- inations | Col. 67 Non- Renewals | Col. 7 Re- acquired by Franchisor | Col. 8 Ceased Operations Other Reasons | Col.
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 79–85)
What This Means (2025 FDD)
According to Epcon Communities' 2025 Franchise Disclosure Document, two outlets in North Carolina ceased operations for reasons other than termination, non-renewal, or reacquisition during 2023. This information is captured in Item 20, which details the status of franchised outlets for the fiscal years 2022, 2023, and 2024.
This data point is important for prospective franchisees as it provides insight into the stability and potential challenges within the Epcon Communities franchise system in North Carolina. Understanding the reasons behind outlets ceasing operations, especially those unrelated to typical franchise exits like termination or non-renewal, can offer a more nuanced view of the business environment. It allows potential franchisees to assess whether these 'other reasons' might pose a risk to their investment.
By reviewing this information, prospective franchisees can ask more informed questions during their due diligence, such as inquiring about the specific reasons for these closures and what measures Epcon Communities has in place to prevent similar occurrences in the future. This proactive approach can help in making a well-informed decision about joining the Epcon Communities franchise system.