How many Hydrodog franchises in Missouri were terminated in 2023?
Hydrodog Franchise · 2025 FDDAnswer from 2025 FDD Document
Total | 2022 | 0 | | | 2023 | 0 | | | 2024 | 0 |
Table No. 3 Status of Franchised Outlets For Years 2022 to 2024
| State | Year | Outlets at Start of Year | Outlets Opened | Termina- tions | Non- Renewals | Reacquired by Franchisor | Ceased Operations - Other Reasons | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|---|
| Arizona | 2022 | 0 | 0 | 0 | 0 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 40–43)
What This Means (2025 FDD)
According to Hydrodog's 2025 Franchise Disclosure Document, there was one franchise termination in Missouri during 2023. The table provided in Item 20 outlines the status of franchised outlets from 2022 to 2024, showing that the number of Hydrodog locations in Missouri decreased from 5 to 4 during 2023 due to a single termination.
This information is crucial for potential franchisees as it provides insight into the stability and success rate of Hydrodog franchises in specific locations. A termination could indicate various issues, such as underperformance, disputes with the franchisor, or failure to adhere to franchise agreements. Reviewing termination rates helps prospective franchisees assess the risks associated with investing in a Hydrodog franchise in a particular state.
It's important to note that while there was one termination in Missouri in 2023, the number of outlets increased again in 2024 with one new outlet opening. This could suggest that while there are challenges, there is also potential for growth and recovery within the Missouri market. Prospective franchisees should investigate the reasons behind the 2023 termination to better understand the factors that could impact their own franchise's success.