table_specific
How many Fitstop outlets in California were closed in 2023?
Fitstop Franchise · 2024 FDDAnswer from 2024 FDD Document
| Year | Outlets at Start of Year | Outlets Opened | Outlets Reacquired From Franchisee | Outlets Closed | Outlets Sold to Franchisee | Outlets at End of the Year | |
|---|---|---|---|---|---|---|---|
| California | 2021 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2022 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2023 | 0 | 1 | 0 | 0 | 0 | 1 |
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 Fitstop outlets closed in California during 2023. The provided table indicates that at the start of 2023, there were zero outlets. During 2023, one outlet was opened, and zero outlets were closed. This resulted in one outlet at the end of 2023. This information is relevant for prospective franchisees as it provides insight into the brand's performance and stability in a specific market. A history of closures could indicate potential challenges or risks associated with operating a Fitstop franchise in that area. However, in this case, the absence of closures may be a positive indicator.
Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only.
It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.