How many Management Recruiters locations in Louisiana were terminated for reasons other than a transfer at the end of 2022?
Management_Recruiters Franchise · 2024 FDDAnswer from 2024 FDD Document
| 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 | 0 | 0 | 0 | 0 | 1 | 0 | |
| 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Alaska | 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2021 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | |
| 2022 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | |
| Arizona | 2023 | 2 | 0 | 0 | 1 | 0 | 0 | 1 |
| 2021 | 2 | 0 | 0 | 1 | 0 | 0 | 1 | |
| 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| Arkansas | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2021 | 18 | 0 | 0 | 0 | 0 | 0 | 18 | |
| 2022 | 18 | 0 | 1 | 0 | 0 | 3 | 18 | |
| California | 2023 | 14 | 0 | 0 | 0 | 0 | 0 | 14 |
| 2021 | 4 | 0 | 0 | 0 | 0 | 0 | 4 | |
| 2022 | 4 | 0 | 0 | 1 | 0 | 0 | 3 | |
| Colorado | 2023 | 3 | 0 | 0 | 0 | 0 | 0 | 3 |
| 2021 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| Connecticut | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Delaware | 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2021 | 28 | 0 | 0 | 0 | 0 | 3 | 25 | |
| 2022 | 25 | 1 | 0 | 1 | 0 | 3 | 22 | |
| Florida | 2023 | 22 | 1 | 0 | 5 | 0 | 0 | 18 |
| 2021 | 9 | 0 | 0 | 0 | 0 | 0 | 9 | |
| 2022 | 9 | 1 | 0 | 0 | 0 | 2 | 8 | |
| Georgia | 2023 | 8 | 2 | 1 | 0 | 0 | 0 | 9 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 58–65)
What This Means (2024 FDD)
According to Management Recruiters's 2024 Franchise Disclosure Document, there were zero Management Recruiters locations in Louisiana that ceased operations for reasons other than a transfer in 2022. The provided table shows that the number of 'Ceased Operations - Other Reasons' was 0 for Louisiana in 2022.
This information is relevant for prospective franchisees as it provides insight into the stability and performance of Management Recruiters franchises in specific locations. A high number of terminations or closures for 'other reasons' could indicate underlying issues with the franchise system or market conditions in that area.
It is important to note that this data only reflects the situation up to the end of 2022. Prospective franchisees should inquire about more recent data and the reasons behind any closures to gain a comprehensive understanding of the franchise's performance in Louisiana.