How many Hydrodog outlets were opened in total during 2024?
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 | 0 | 0 |
| 2023 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 1 | 0 | 0 | 0 | 0 | |
| Georgia | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| Louisiana | 2022 | 2 | 0 | 0 | 0 | 0 | 0 | 2 |
| 2023 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | |
| 2024 | 2 | 0 | 1 | 0 | 0 | 0 | 1 | |
| Maryland | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| Massachusetts | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 1 | 0 | 0 | 0 | 0 | 2 | |
| Missouri | 2022 | 5 | 0 | 0 | 0 | 0 | 0 | 5 |
| 2023 | 5 | 0 | 1 | 0 | 0 | 0 | 4 | |
| 2024 | 4 | 1 | 0 | 0 | 0 | 0 | 5 | |
| Nebraska | 2022 | 3 | 0 | 0 | 0 | 0 | 0 | 3 |
| 2023 | 3 | 1 | 0 | 0 | 0 | 0 | 4 | |
| 2024 | 4 | 0 | 0 | 0 | 0 | 0 | 4 | |
| North Carolina | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2024 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | |
| Ohio | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| South Carolina | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 1 | 0 | 0 | 0 | 0 | |
| 2024 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| South Dakota | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 1 | 0 | 0 | 0 | 0 | |
| 2024 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Texas | 20 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 40–43)
What This Means (2025 FDD)
According to Hydrodog's 2025 Franchise Disclosure Document, a total of 5 franchised outlets were opened during 2024. Additionally, one company-owned outlet was opened in New Jersey during 2024. This brings the total number of Hydrodog outlets opened in 2024 to 6.
It's important to note the distinction between franchised and company-owned outlets. The success and financial performance of franchised locations will directly impact a franchisee's revenue, while company-owned stores reflect the franchisor's direct investment and operational strategies. A prospective franchisee should consider the growth trends of both types of outlets when evaluating the overall health and expansion strategy of Hydrodog.
Analyzing the number of outlet openings alongside closures, terminations, and transfers provides a more comprehensive view of the franchise system's stability. While new openings indicate growth, closures and terminations could signal underlying issues with franchisee profitability or support. Therefore, a potential franchisee should investigate the reasons behind any closures or terminations to assess the risks and opportunities associated with investing in a Hydrodog franchise.