How many Fitstop franchised outlets were terminated in 2022?
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 no franchised outlet terminations in 2022. The provided tables in Item 20 show that the total number of terminations for franchised outlets was zero during that year. This suggests that no Fitstop franchisees had their agreements terminated by the company, nor did they voluntarily terminate their agreements.
Specifically, one table provides a system-wide outlet summary, indicating zero terminations across the board for 2022. Another table breaks down outlet data by state, also showing zero terminations in California, where Fitstop had franchise activity. This consistent reporting across different tables reinforces the conclusion that no Fitstop franchises were terminated in 2022.
It is important to note that this information is based solely on the data presented in Item 20 of the FDD, which focuses on outlet information and franchisee data. While the FDD indicates no terminations, prospective franchisees should still inquire about the reasons for any franchise closures or non-renewals to gain a comprehensive understanding of franchisee performance and satisfaction within the Fitstop system.