How many Punch King Fitness outlets were reacquired by the franchisor in all states during 2022?
Punch_King_Fitness Franchise · 2024 FDDAnswer from 2024 FDD Document
| State | Year | Outlets at Start of Year | Outlets Opened | Termina tions | Non- Renewals | Reacquired by Franchisor | Ceased Operati ons Other Reasons | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|---|
| All States | 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| TOTAL | 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 53–56)
What This Means (2024 FDD)
According to Punch King Fitness's 2024 Franchise Disclosure Document, across all states in 2022, the number of outlets reacquired by the franchisor was zero. This data is derived from Table No. 3, which details the status of franchised outlets from 2021 to 2023.
The table provides a year-by-year breakdown of key changes in the number of franchised outlets, including openings, terminations, non-renewals, re acquisitions by the franchisor, and other reasons for ceased operations. For a prospective franchisee, this indicates that Punch King Fitness did not reacquire any franchised locations during this period.
This information is valuable for potential franchisees as it provides insight into the stability and relationship between the franchisor and its franchisees. A high number of re acquisitions could signal potential issues within the franchise system, while a consistent record of zero re acquisitions, as seen here, may suggest a stable and well-managed franchise network. However, it is important to consider this data in conjunction with other factors, such as the number of terminations and non-renewals, to gain a comprehensive understanding of the franchise's health.