How many franchised Mrcool outlets were operating at the end of 2024?
Mrcool Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets at Start of Year | Outlets Opened | Terminations | Non Renewals | Reacquired by Franchisor | Ceased Operations for Other Reasons | Outlets at End of Year |
|---|---|---|---|---|---|---|---|---|
| Totals | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2024 | 0 | 1 | 0 | 0 | 0 | 0 | 1 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 52–54)
What This Means (2025 FDD)
According to Mrcool's 2025 Franchise Disclosure Document, at the end of 2024, there was 1 franchised outlet operating. The FDD outlines the status of franchised outlets, showing that at the start of 2024, there were zero outlets. During 2024, one outlet was opened. No outlets were terminated, non-renewed, reacquired by Mrcool, or ceased operations for other reasons. This resulted in one outlet at the end of the year.
This information is crucial for potential franchisees as it provides a clear picture of the franchise's growth and stability. The fact that Mrcool had one new franchise open in 2024 indicates some level of expansion. However, the absence of terminations or non-renewals could suggest franchisee satisfaction or simply that the franchise system is relatively new.
Prospective franchisees should further investigate the reasons behind the single franchise opening in 2024. Understanding the performance and support provided to this initial franchisee will be vital in assessing the potential success of their own Mrcool franchise. It would also be prudent to inquire about the franchisor's plans for future growth and franchisee support as the system expands.