table_specific

In 2022, how many Management Recruiters franchises in Washington were terminated?

Management_Recruiters Franchise · 2024 FDD

Answer from 2024 FDD Document

Chala at Start Outlets Termin- Renewal Franchis Other at End of
State Year of Year Opened ations S or Reasons Year
2021 0 0 0 0 0 0 0
2022 0 0 0 0 0 0 0
Vermont 2023 0 0 0 0 0 0 0
2021 3 0 0 0 0 0 3
2022 3 0 0 1 0 0 2
Virginia 2023 2 0 0 2 0 0 0
2021 9 0 0 0 0 0 9
2022 9 0 0 2 0 1 6
Washington 2023 6 0 0 1 0 0 5

Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 58–65)

What This Means (2024 FDD)

According to Management Recruiters' 2024 Franchise Disclosure Document, there were no terminations of Management Recruiters franchises in Washington during 2022. The FDD provides a table outlining outlet information by state, including the number of terminations.

Specifically, the table shows that for Washington in 2022, there were 9 outlets at the start of the year, zero outlets opened, and zero terminations. This suggests that all Management Recruiters franchises in Washington remained operational throughout 2022.

Prospective franchisees can review this data in the FDD to understand the historical stability and turnover of franchises in specific states. While no terminations occurred in Washington during 2022, it's important to consider that this is just one year's data and may not be indicative of future performance. Reviewing several years of data and comparing it to other states can provide a more comprehensive understanding of franchise stability.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.