table_specific

How many Hydrodog franchises in Virginia were terminated in 2023?

Hydrodog Franchise · 2025 FDD

Answer 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, one franchise in Virginia was terminated in 2023. The table provided in Item 20 of the FDD details the status of franchised outlets from 2022 to 2024, broken down by state. In 2023, Virginia had one outlet at the start of the year, opened one new outlet, and terminated one franchise agreement, resulting in one outlet at the end of the year.

This information is crucial for prospective franchisees as it provides insight into the stability and performance of Hydrodog franchises in specific locations. A high number of terminations could indicate issues with the franchise model, market saturation, or lack of support from the franchisor. Conversely, a low number of terminations, as seen in Virginia, might suggest a more stable and successful franchise environment.

It's important to note that while one termination occurred in Virginia during 2023, a new outlet was also opened in the same year. This suggests that while there may have been challenges for one franchisee, the market in Virginia still holds potential for growth. Prospective franchisees should investigate the reasons behind the termination to better understand the risks and opportunities associated with operating a Hydrodog franchise in Virginia. They should also consider the overall number of terminations across the Hydrodog system, as well as the number of new openings, to get a comprehensive view of the franchise's health and growth potential.

Disclaimer: This information is extracted from the 2025 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.