How many Management Recruiters outlets were operating in Nebraska at the start of 2023?
Management_Recruiters Franchise · 2024 FDDAnswer from 2024 FDD Document
| 1 | Dogganir | Ceased | ||||||
|---|---|---|---|---|---|---|---|---|
| Outlets at | Reacquir ed by | Operatio | Outlets at | |||||
| Start of | Outlets | Termin- | Non- | Franchiso | ns - Other | |||
| State | Year | Year | Opened | ations | Renewals | r | Reasons | Year |
| 2021 | 10 | 0 | 0 | 0 | 0 | 1 | 9 | |
| 2022 | 9 | 0 | 0 | 0 | 0 | 0 | 9 | |
| Michigan | 2023 | 9 | 0 | 0 | 1 | 0 | 0 | 8 |
| 2021 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | |
| 2022 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | |
| Minnesota | 2023 | 3 | 0 | 0 | 0 | 0 | 0 | 3 |
| 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Mississippi | 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2021 | 5 | 0 | 0 | 0 | 0 | 1 | 4 | |
| 2022 | 4 | 1 | 0 | 1 | 0 | 0 | 4 | |
| Missouri | 2023 | 4 | 0 | 0 | 0 | 0 | 1 | 3 |
| 2021 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | |
| 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| Montana | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2021 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | |
| 2022 | 3 | 0 | 0 | 1 | 0 | 1 | 1 | |
| Nebraska | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Nevada | 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2021 | 1 | 0 | 0 | 0 |
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 outlet operating in Nebraska at the start of 2023. The table provided in Item 20 of the FDD outlines the number of outlets at the start of the year, outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, outlets that ceased operations for other reasons, and the number of outlets at the end of the year for each state.
For a prospective franchisee, this information indicates the existing presence and historical performance of Management Recruiters in Nebraska. The fact that there was 1 outlet at the beginning of 2023, and no additional outlets opened or closed during the year, suggests a stable but limited footprint in the state.
It is important to note that past performance does not guarantee future results. A prospective franchisee should further investigate the reasons behind these numbers, the performance of the existing outlet, and the overall market conditions in Nebraska to assess the potential for success.