How many Hydrodog outlets were sold to franchisees in New Jersey during 2023?
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 sold to franchisees in New Jersey during 2023. The table provided in Item 20 of the FDD details the status of franchised outlets from 2022 to 2024. In 2023, the number of outlets sold to franchisees in New Jersey was zero.
This information is crucial for potential Hydrodog franchisees in New Jersey as it provides insight into the brand's growth and franchise activity in the state. The absence of outlet sales to franchisees in 2023 could indicate a lack of existing franchisees selling their businesses or a strategic decision by Hydrodog not to facilitate such sales during that period.
Prospective franchisees should further investigate the reasons behind the lack of sales and consider the implications for their investment. Understanding the dynamics of franchise transfers and resales is essential for making an informed decision about joining the Hydrodog franchise system in New Jersey.