How many Management Recruiters locations in Iowa were operating at the end of 2023?
Management_Recruiters Franchise · 2024 FDDAnswer from 2024 FDD Document
| 2021 | 2 | 0 | 1 | 0 | 0 | 0 | 2 | |
|---|---|---|---|---|---|---|---|---|
| 2022 | 2 | 0 | 0 | 2 | 0 | 0 | 0 | |
| Hawaii | 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2021 | 3 | 0 | 0 | 1 | 0 | 0 | 2 | |
| 2022 | 2 | 0 | 0 | 1 | 0 | 0 | 1 | |
| Idaho | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2021 | 11 | 0 | 0 | 0 | 0 | 1 | 10 | |
| 2022 | 10 | 1 | 0 | 0 | 0 | 0 | 11 | |
| Illinois | 2023 | 11 | 0 | 0 | 1 | 0 | 6 | 4 |
| 2021 | 9 | 0 | 0 | 0 | 0 | 0 | 9 | |
| 2022 | 9 | 0 | 1 | 0 | 0 | 1 | 7 | |
| Indiana | 2023 | 7 | 0 | 0 | 0 | 0 | 0 | 7 |
| 2021 | 4 | 1 | 0 | 0 | 0 | 0 | 5 | |
| 2022 | 5 | 0 | 0 | 0 | 0 | 0 | 5 | |
| Iowa | 2023 | 5 | 0 | 0 | 0 | 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 5 locations operating in Iowa at the end of 2023. This indicates a stable presence for Management Recruiters in the state, as the number of outlets remained consistent from 2022 to 2023.
For a prospective franchisee, this information suggests an established market in Iowa. It is important to investigate the performance of these existing locations and understand the competitive landscape. A new franchisee might want to inquire about the territories of the existing 5 locations to assess available market opportunities.
Overall, the stability in the number of Management Recruiters' locations in Iowa could be seen as a positive sign, indicating a consistent demand for their services in the state. However, further due diligence is necessary to determine the specific opportunities and challenges in the Iowa market.