What was the net change in the number of franchised Epcon Communities outlets during the year 2022?
Epcon_Communities 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 | 72 | 71 | -1 |
| 2023 | 71 | 73 | +2 | |
| 2024 | 73 | 83 | +10 | |
| Company-Owned* | 2022 | 20 | 13 | -7 |
| 2023 | 13 | 18 | +5 | |
| 2024 | 18 | 18 | 0 | |
| Total Outlets** | 2022 | 92 | 84 | -8 |
| 2023 | 84 | 91 | +7 | |
| 2024 | 91 | 101 | +10 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 79–85)
What This Means (2025 FDD)
According to Epcon Communities' 2025 Franchise Disclosure Document, the net change in the number of franchised outlets during the 2022 fiscal year was -1. This means that Epcon Communities had one less franchised outlet at the end of 2022 compared to the beginning of the year. At the start of 2022, there were 72 franchised outlets, and by the end of the year, the number decreased to 71.
This decrease could be due to several factors, such as terminations, non-renewals, or franchisees ceasing operations for other reasons. However, the table does not specify the exact reasons for the net change. It is important to note that this net change reflects the overall system-wide performance of franchised outlets and may not be indicative of the performance of individual franchisees.
Prospective franchisees should consider this information when evaluating the Epcon Communities franchise opportunity. While a decrease in the number of franchised outlets may raise concerns, it is essential to investigate the underlying reasons for the change and assess the overall health and stability of the franchise system. Further research into franchisee turnover rates and reasons for leaving the system may provide a more comprehensive understanding of the risks and opportunities associated with this franchise.