How many Management Recruiters outlets were operating in Pennsylvania at the start of 2023?
Management_Recruiters Franchise · 2024 FDDAnswer from 2024 FDD Document
| 0 | 0 | 0 | 0 | 0 | 1 |
| Reacquir | Ceased Operatio | |||||||
|---|---|---|---|---|---|---|---|---|
| Outlets | Non- | ed by | ns - | Outlets | ||||
| Ctata | Vaar | at Start | Outlets | Termin- | Renewal | Franchis | Other | at End of |
| State | Year | of Year | Opened | ations | S | or | Reasons | Year |
| 2021 | 11 | 0 | 0 | 0 | 0 | 1 | 10 | |
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 6 outlets operating in Pennsylvania at the start of 2023. The table provided in Item 20 of the FDD outlines outlet information by state, year, and changes to outlet counts. This information is valuable for prospective franchisees to understand the brand's presence and performance in specific geographic areas.
The table also shows that during 2023, there were no Management Recruiters outlets opened, terminated, or non-renewed in Pennsylvania. One outlet ceased operations for other reasons, resulting in 5 outlets at the end of 2023.
Analyzing the changes in outlet numbers can provide insights into the stability and growth of the Management Recruiters franchise system within Pennsylvania. A prospective franchisee may want to further investigate the reasons for the outlet closure to better understand the market dynamics and potential challenges in the area.