At the start of 2021, how many Management Recruiters outlets were operating in Arizona?
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 |
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 two outlets operating in Arizona at the beginning of 2021. Throughout 2021, no additional outlets were opened, none were terminated, and one was not renewed.
This means that for a Management Recruiters franchisee looking at the Arizona market, there was already an established presence. The fact that one outlet was not renewed during 2021 could signal a potential opportunity to capture some of that previous market share.
It is important to note that while the number of outlets provides a general sense of market saturation, it does not reveal details about the performance or market share of those existing Management Recruiters locations. A prospective franchisee should investigate the reasons for non-renewals and assess the overall business climate in Arizona.