What was the net change in the number of company-owned Monicals Pizza outlets during 2023?
Monicals_Pizza Franchise · 2025 FDDAnswer from 2025 FDD Document
| SYSTEMWIDE OUTLET SUMMARY FOR YEARS 2022 TO 2024 | ||||
|---|---|---|---|---|
| Outlet Type | Year | Net Change | ||
| Outlet Type | ||||
| Franchised | ||||
| 2022 | 30 | 29 | -1 | |
| 2023 | 29 | 27 | -2 | |
| 2024 | 27 | 26 | -1 | |
| Company Owned |
Source: Item 20 — OUTLETS AND FRANCHISE INFORMATION (FDD pages 42–44)
What This Means (2025 FDD)
According to Monicals Pizza's 2025 Franchise Disclosure Document, the net change in the number of company-owned outlets during 2023 was an increase of one location. Specifically, the number of company-owned Monicals Pizza restaurants increased from 31 at the start of 2023 to 32 by the end of the year.
This information is valuable for prospective franchisees as it provides insight into the growth and stability of company-owned locations. A positive net change suggests that Monicals Pizza is actively investing in and expanding its corporate-owned presence, which can be a sign of a healthy and thriving franchise system.
It's important to note that while the net change was positive, further investigation into the reasons behind this change would be beneficial. Understanding whether the increase was due to new openings, acquisitions, or conversions can provide a more comprehensive picture of Monicals Pizza's growth strategy. Additionally, comparing these figures with previous years and industry benchmarks can help assess the relative performance of Monicals Pizza in the competitive pizza market.