How many Fitstop outlets were reacquired by the franchisor in 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 |
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 Fitstop outlets reacquired by the franchisor in 2021. This data is reflected in the system-wide outlet summary, which provides an overview of outlet activity.
Specifically, the table details the number of outlets at the start of the year, outlets opened, terminations, non-renewals, reacquired outlets, ceased operations for other reasons, and the number of outlets at the end of the year. For 2021, the 'Reacquired by Franchisor' column shows a count of 0. This indicates that Fitstop did not buy back any franchise locations during that year.
This information is crucial for potential franchisees as it provides insight into the stability and relationship between Fitstop and its franchisees. A high number of reacquired outlets could indicate potential issues with franchisee success or franchisor-franchisee relations, while a consistent zero, as in this case, suggests a stable network.