How many total Fitstop outlets were operating at the end of 2022?
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 |
|---|---|---|---|---|---|---|
| 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 zero total Fitstop outlets operating at the end of 2022. This is based on multiple tables provided in Item 20, which consistently show zero outlets at the end of 2022. Specifically, the 'Systemwide Outlet Summary' indicates zero outlets.
Furthermore, the data breaks down the outlet counts by franchised and company-owned locations, both of which show zero outlets at the end of 2022. The tables also track changes in outlet numbers, such as openings, closures, and transfers; however, for 2022, all these values are zero, confirming that the total number of outlets remained at zero.
This information is crucial for potential franchisees as it provides a clear picture of Fitstop's operational footprint during that period. The absence of any operating outlets in 2022 suggests that Fitstop was either a very new franchise system or was undergoing a significant restructuring. A prospective franchisee should investigate further to understand the reasons behind these numbers and how the brand has evolved since then. Understanding the context behind these figures is essential for assessing the risk and potential of investing in a Fitstop franchise.