At the end of 2023, how many Red Wagon Club outlets were operating across all states?
Red_Wagon_Club Franchise · 2024 FDDAnswer from 2024 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| Franchised | 2021 | 0 | 0 | 0 |
| 2022 | 0 | 0 | 0 | |
| 2023 | 0 | 0 | 0 | |
| Company-Owned2 | 2021 | 0 | 0 | 0 |
| 2022 | 0 | 2 | 2 | |
| 2023 | 2 | 2 | 2 | |
| Total Outlets | 2021 | 0 | 0 | 0 |
| 2022 | 0 | 2 | 2 | |
| 2023 | 2 | 2 | 2 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 45–47)
What This Means (2024 FDD)
According to Red Wagon Club's 2024 Franchise Disclosure Document, there were a total of 2 company-owned outlets operating across all states at the end of 2023. The FDD specifies that these outlets are company-owned rather than franchised.
Specifically, the company-owned outlets are located in Michigan and Pennsylvania. The table provided in Item 20 breaks down the number of outlets in each state. For both Michigan and Pennsylvania, there was one outlet operating at the start of 2023, and no additional outlets were opened, closed, or sold during the year, leaving one outlet in each state at the end of 2023.
It is important to note that the numbers in this table are as of May 31. Additionally, the FDD notes that two of Red Wagon Club's directors, Tim Sechler and David Carrier, operate RWC Businesses, and these have been included as company-owned locations.