How many Hydrodog outlets were reacquired from franchisees in New Jersey during 2024?
Hydrodog Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets at Start of Year | Outlets Opened | Outlets Reacquired from Franchisees | Outlets Closed | Outlets Sold to Franchisees | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|
| New Jersey | 2022 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2024 | 0 | 1 | 0 | 0 | 0 | 1 | |
| Total | 2022 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2024 | 0 | 1 | 0 | 0 | 0 | 1 |
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 were no Hydrodog outlets reacquired from franchisees in New Jersey during 2024. The provided table in Item 20 of the FDD details outlet information by state and year, including the number of outlets reacquired from franchisees. For New Jersey in 2024, the table indicates that zero outlets were reacquired from franchisees.
This information is relevant for prospective franchisees as it provides insight into the stability and performance of existing Hydrodog franchises. A high number of reacquired outlets could indicate potential issues with franchise profitability or franchisee satisfaction. In this case, the absence of reacquired franchises in New Jersey during 2024 could be a positive sign for potential franchisees in that state.
It's important to note that this data only reflects a single year. A prospective franchisee should review the data for multiple years to identify any trends. Additionally, it is essential to consider the overall number of franchises in a given state when evaluating the significance of reacquired outlets. Even one or two reacquired locations could be a cause for concern if the total number of franchises in the state is low.