How many franchised Fitstop outlets were open at the start of 2021?
Fitstop Franchise · 2024 FDDAnswer from 2024 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| Franchised | 2021 | 0 | 0 | 0 |
| 2022 | 0 | 0 | 0 | |
| 2023 | 0 | 0 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 47–49)
What This Means (2024 FDD)
According to Fitstop's 2024 Franchise Disclosure Document, there were zero franchised Fitstop outlets open at the start of 2021. This is based on the systemwide outlet summary provided in Item 20, which tracks the number of franchised outlets from 2021 to 2023. The table specifically indicates that at the beginning of 2021, the number of franchised outlets was zero.
This suggests that Fitstop began franchising in the United States after 2021. The document shows that the number of franchised Fitstop locations remained at zero through 2022 and 2023, although one franchised location did open in 2023, bringing the total to one at the end of that year.
For a prospective franchisee, this information highlights that Fitstop is a relatively new franchise system. It is important to note that the data reflects the status of outlets within the United States. A potential franchisee should investigate further to understand the growth trajectory and support systems in place for new franchisees, given the limited operating history in the U.S.