For Expense Reduction Analysts, how many outlets ceased operations for other reasons in Connecticut during 2023?
Expense_Reduction_Analysts Franchise · 2025 FDDAnswer from 2025 FDD Document
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TABLE NO. 3 STATUS OF FRANCHISED OUTLETS FOR YEARS 2022 TO 2024
| STATE | YEAR | OUTLETS AT START OF YEAR | OUTLETS OPENED | TERMINATIONS | NON- RENEWALS | REACQUIRED BY FRANCHISOR | CEASED OPERATIONS- OTHER REASONS | OUTLETS AT END OF THE YEAR |
|---|---|---|---|---|---|---|---|---|
| AZ1 | 2022 | 2 | 1 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (REGIONAL FRANCHISEES) (FDD pages 52–57)
What This Means (2025 FDD)
According to Expense Reduction Analysts' 2025 Franchise Disclosure Document, in Connecticut, 1 outlet ceased operations for 'other reasons' during 2023. This information is based on the table that details the status of Expense Reduction Analysts' Regional Franchises across different states.
'Ceased operations - other reasons' could include a variety of circumstances that lead to a franchise ceasing operations outside of the typical categories like termination, non-renewal, or reacquisition by the franchisor. Understanding the specific reasons behind these closures can be valuable for prospective franchisees.
It would be prudent for a potential Expense Reduction Analysts franchisee to inquire with the franchisor about the specific 'other reasons' that led to the outlet closure in Connecticut. This information could provide a clearer picture of the challenges and potential risks associated with operating a franchise in that region.