How many Red Wagon Club outlets were reacquired by the franchisor in 2021?
Red_Wagon_Club Franchise · 2024 FDDAnswer from 2024 FDD Document
| State | Year | Outlets at Start of Year | Outlets Opened | Terminations | Non- Renewals | Reacquired By Franchisor | Ceased Operations - 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 | |
| State | Year | Outlets at Start of Year | Outlets Opened | Terminations | Non- Renewals | Reacquired By Franchisor | Ceased Operations - Other Reasons | Outlets at End of the Year |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 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 45–47)
What This Means (2024 FDD)
According to the 2024 Red Wagon Club Franchise Disclosure Document, across all states, no Red Wagon Club outlets were reacquired by the franchisor in 2021. The provided table in Item 20 shows a breakdown of outlet activity, including re acquisitions, for the years 2021, 2022, and 2023.
Specifically, for 2021, the table indicates that the number of outlets reacquired by Red Wagon Club was zero. This means that during that year, Red Wagon Club did not take back any franchised locations.
This information is crucial 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 indicate potential issues within the franchise system, while a low number, as in this case, suggests a more stable and positive dynamic.