How many Epcon Communities outlets were operating in Virginia at the end of 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.
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 79–85)
What This Means (2025 FDD)
According to Epcon Communities' 2025 Franchise Disclosure Document, there was one outlet operating in Virginia at the end of 2023. The provided table tracks the number of outlets per state over the course of three years, detailing openings, terminations, and other changes. This information is crucial for potential franchisees to understand the brand's presence and performance in specific geographic areas.
Specifically, the table shows that Virginia had one outlet at the start of 2023, opened one new outlet during the year, experienced one non-renewal, and ended the year with one outlet. This level of detail allows prospective franchisees to assess the stability and growth of Epcon Communities in Virginia. It is important to note that the definition of an 'outlet' refers to a signed Franchise Agreement and corresponding Market Area Agreement, not necessarily the number of projects developed.
For a prospective franchisee, this data highlights the importance of understanding local market dynamics and the factors that contribute to outlet performance. The non-renewal in Virginia during 2023 could indicate challenges or specific market conditions that require further investigation. Reviewing this data in conjunction with other sections of the FDD, such as Item 19 (Financial Performance Representations), can provide a more comprehensive understanding of the potential risks and opportunities associated with an Epcon Communities franchise in Virginia.