How many Management Recruiters outlets in Alabama were reacquired by the franchisor in 2021?
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 |
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 zero Management Recruiters locations in Alabama reacquired by the franchisor in 2021. The provided table outlines outlet data, including openings, terminations, non-renewals, re acquisitions, and closures. This information is crucial for potential franchisees to understand the stability and changes within the Management Recruiters franchise system.
The table shows that for Alabama in 2021, there were 1 outlet at the start of the year, no outlets opened, no terminations, no non-renewals, no re acquisitions by the franchisor, and no closures for other reasons, resulting in 1 outlet at the end of the year. This indicates that no existing Management Recruiters franchises in Alabama were taken back by the company during that year.
For a prospective franchisee, this data point is reassuring as it suggests that Management Recruiters is not actively reacquiring franchises in Alabama. However, it is essential to consider this information in conjunction with other factors, such as terminations and non-renewals, to gain a comprehensive understanding of franchise performance and stability within the state. It is also important to note that past performance does not guarantee future results, and franchisees should conduct thorough due diligence before investing in a Management Recruiters franchise.