How many Red Wagon Club outlets opened in Pennsylvania during 2022?
Red_Wagon_Club Franchise · 2024 FDDAnswer from 2024 FDD Document
| 0 | | | 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Table No. 4 Status of Company-Owned Outlets For Years 2021, 2022, 2023
| State | Year | Outlets at Start of Year | Outlets Opened | Outlets Reacquired From Franchisee | Outlets Closed | Outlets Sold to Franchisee | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|
| Michigan | 2021 | 0 | 0 | 0 |
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, one Red Wagon Club outlet opened in Pennsylvania during 2022. At the start of 2022, there were no outlets in Pennsylvania. After the opening of one outlet, the total number of outlets in Pennsylvania at the end of 2022 was one.
This information is valuable for prospective franchisees as it provides insight into the brand's growth and presence in specific states. The fact that an outlet opened in Pennsylvania during 2022 suggests that the brand is expanding its footprint, which could indicate a growing market and potential opportunities for new franchisees.
It's important to note that this data reflects past performance and does not guarantee future results. However, understanding the historical growth patterns of Red Wagon Club can help potential franchisees assess the brand's potential in different markets and make informed decisions about their investment.