What was the total net change in the number of Hydrodog outlets (franchised and company-owned) during 2024?
Hydrodog Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| Franchised | 2022 | 19 | 19 | 0 |
| 2023 | 19 | 18 | -1 | |
| 2024 | 18 | 20 | +2 | |
| Company-Owned | 2022 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | |
| 2024 | 0 | 1 | 1 | |
| Total | 2022 | 19 | 19 | 0 |
| 2023 | 19 | 18 | -1 | |
| 2024 | 18 | 21 | +3 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 40–43)
What This Means (2025 FDD)
According to Hydrodog's 2025 Franchise Disclosure Document, the total net change in the number of Hydrodog outlets during 2024 was an increase of 3. This figure includes both franchised and company-owned locations. At the start of 2024, there were 18 total outlets, and by the end of the year, that number had increased to 21.
Specifically, the number of franchised Hydrodog outlets increased by 2 during 2024, going from 18 at the beginning of the year to 20 at the end of the year. The number of company-owned Hydrodog outlets increased by 1, going from 0 at the beginning of 2024 to 1 by the end of the year.
This information is valuable for prospective franchisees as it provides a clear picture of the brand's growth trajectory and the relative contributions of franchised versus company-owned locations to that growth. A positive net change suggests that the Hydrodog system is expanding, which can be an encouraging sign for potential investors.