In what state was the company-owned Fly To Fit outlet located in 2021?
Fly_To_Fit Franchise · 2024 FDDAnswer from 2024 FDD Document
| State | Year | Outlets at the Start of the Year | Outlets Opened | Outlets Reacquired from Franchisee | Outlets Closed | Outlets Sold to Franchisee | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|
| New York | 2021 | 1 | 0 | 0 | 0 | 0 | 1 |
| 2022 | 1 | 0 | 0 | 0 | 0 | 1 | |
| 2023 | 1 | 0 | 0 | 0 | 0 | 1 | |
| Totals | 2021 | 1 | 0 | 0 | 0 | 0 | 1 |
| 2022 | 1 | 0 | 0 | 0 | 0 | 1 | |
| 2023 | 1 | 0 | 0 | 0 | 0 | 1 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 41–44)
What This Means (2024 FDD)
According to Fly To Fit's 2024 Franchise Disclosure Document, the company-owned outlet was located in New York in 2021. The FDD provides a table outlining the status of company-owned outlets from 2021 to 2023, detailing the state, year, and outlet counts at the start and end of each year, as well as any changes.
Specifically, in 2021, Fly To Fit had one company-owned outlet located in New York. Throughout 2021, there were no openings, re acquisitions, closures, or sales to franchisees, so the year ended with one company-owned outlet still in New York. The table provides similar data for 2022 and 2023, showing that the company-owned outlet remained in New York during those years as well.
For a prospective franchisee, this information indicates where Fly To Fit has direct operational experience. It also shows the stability of the company-owned location, as it remained in the same state for at least three years. This data can be useful for understanding the company's operational footprint and potential market focus.