How many Fitstop franchised outlets were reacquired by the franchisor during 2021?
Fitstop Franchise · 2024 FDDAnswer from 2024 FDD Document
| 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 |
|---|---|---|---|---|---|---|---|---|
| Totals | 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2023 | 0 | 0 | 0 | 0 | 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 outlets reacquired by Fitstop in 2021. The provided tables track outlet data, including re acquisitions, on a system-wide and state-by-state basis.
Specifically, the tables show the number of outlets at the start and end of the year, as well as changes due to openings, terminations, non-renewals, re acquisitions by Fitstop, and other reasons for ceased operations. For the year 2021, across all tables presented, the number of reacquired Fitstop franchises is consistently reported as zero.
This indicates that during 2021, Fitstop did not repurchase any of its franchised locations. This information is relevant for prospective franchisees as it provides insight into the stability of the franchise system and the likelihood of Fitstop needing to reacquire locations. A high number of re acquisitions could signal potential issues with franchisee success or support.