How many Management Recruiters locations in Kentucky were operating at the end of 2021?
Management_Recruiters Franchise · 2024 FDDAnswer from 2024 FDD Document
ATUS OF FRANCHISED OUTLETS FOR YEARS 2021, 2022, 2023
| State | Year | Outlets at Start of Year | Outlets Opened | Termin- ations | Non- Renewals | Reacquir ed by Franchiso r | Ceased Operatio ns - Other Reasons | Outlets at End of Year |
|---|---|---|---|---|---|---|---|---|
| 2021 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| Alabama | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2021 | 1 |
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 was 1 Management Recruiters location operating in Kentucky at the end of 2021. This information is based on the table that outlines the number of outlets at the start of the year, any changes during the year (openings, terminations, non-renewals, reacquisitions, or other reasons for ceasing operations), and the number of outlets at the end of the year.
For a prospective Management Recruiters franchisee, this data provides a historical view of the franchise's presence and stability in Kentucky. It shows whether the number of locations has been growing, declining, or remaining stable. This can be an important factor in assessing the market potential and brand recognition in the state.
It is important to note that past performance is not necessarily indicative of future results. A prospective franchisee should conduct their own due diligence and market research to determine the viability of a Management Recruiters franchise in Kentucky. This includes analyzing the local job market, competition, and economic conditions.