What was the total number of Management Recruiters outlets in Arkansas at the end of 2021?
Management_Recruiters Franchise · 2024 FDDAnswer from 2024 FDD Document
ATUS OF FRANCHISED OUTLETS FOR YEARS 2021, 2022, 2023
| 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 |
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 in Arkansas at the end of 2021. The table provided in Item 20 of the FDD details the number of outlets at the start and end of each year, as well as any changes that occurred during the year, such as openings, terminations, non-renewals, reacquisitions by the franchisor, and other reasons for ceased operations. This information is presented on a state-by-state basis.
For a prospective franchisee, this level of detail offers insights into the stability and growth of the Management Recruiters franchise system within specific geographic areas. The data can help in assessing market saturation, the success rate of existing franchises, and potential opportunities for expansion. Reviewing the changes in outlet numbers over the three years can reveal trends and inform business planning.
It's important to note that while the table provides a snapshot of outlet activity, it does not offer explanations for the changes. For example, a 'termination' could result from various factors, such as franchisee underperformance, mutual agreement, or other unforeseen circumstances. A prospective franchisee should seek additional information from Management Recruiters to understand the reasons behind these changes and assess the overall health and performance of franchises in their target market.