In 2022, how many Management Recruiters franchises in Washington were terminated?
Management_Recruiters Franchise · 2024 FDDAnswer 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.