What was the net change in the number of Kitchen Solvers franchised outlets during 2023?
Kitchen_Solvers 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 Outlets | 2022 | 49 | 51 | +2 |
| 2023 | 51 | 50 | -1 | |
| 2024 | 50 | 59 | +9 | |
| Company-Owned | 2022 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | |
| 2024 | 0 | 0 | 0 | |
| TOTAL OUTLETS | 2022 | 49 | 51 | +2 |
| 2023 | 51 | 50 | -1 | |
| 2024 | 50 | 59 | +9 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 44–48)
What This Means (2025 FDD)
According to Kitchen Solvers's 2025 Franchise Disclosure Document, the net change in the number of franchised outlets during 2023 was -1. This means that Kitchen Solvers had one fewer franchised location at the end of 2023 compared to the beginning of the year. Specifically, the number of franchised outlets decreased from 51 at the start of 2023 to 50 by the end of the year.
This decrease could be due to several factors, such as closures, terminations, or non-renewals of franchise agreements. It is important to note that while the overall net change was negative, individual states may have experienced different changes in the number of Kitchen Solvers outlets. For example, while some states may have seen new openings, others may have had closures or transfers that offset those gains.
A prospective franchisee should investigate the reasons behind this net decrease to understand the health and stability of the Kitchen Solvers franchise system. Understanding the causes of outlet closures or terminations can provide valuable insights into potential challenges and risks associated with owning a Kitchen Solvers franchise. It would be prudent to ask the franchisor for more details on why the number of franchised outlets decreased during 2023 and what steps, if any, Kitchen Solvers is taking to address this issue.
It's also worth noting that the total number of outlets increased by 9 in 2024, indicating a potential turnaround or improvement in the franchise system's performance. This highlights the importance of examining trends over multiple years to gain a comprehensive understanding of the franchise's growth and stability.