How many Management Recruiters outlets in Alabama were terminated 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 terminations of Management Recruiters outlets in Alabama during 2021. The provided table in Item 20 outlines the changes in the number of outlets for each state over the past three years.
Specifically, for Alabama in 2021, the table shows that there was one outlet at the start of the year, zero outlets opened, zero terminations, zero non-renewals, zero reacquisitions by the franchisor, and zero ceased operations for other reasons. This resulted in one outlet at the end of the year.
This information is valuable for potential franchisees as it provides insight into the stability and turnover of Management Recruiters franchises in specific states. A low number of terminations can be seen as a positive indicator, suggesting that franchisees are generally successful and satisfied with the brand.