How many total Red Wagon Club outlets were operating at the start of 2023?
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 2 total Red Wagon Club outlets operating at the start of 2023. These were all company-owned.
The FDD provides a systemwide outlet summary in Table No. 1, which includes both franchised and company-owned outlets. For franchised outlets, the number at the start of 2023 was 0. For company-owned outlets, the number at the start of 2023 was 2. The total number of outlets at the start of 2023 is the sum of franchised and company-owned outlets, which is 2.
It is important to note that the numbers in this table are as of May 31. Additionally, two of Red Wagon Club's directors operate RWC Businesses, and these are included as company-owned locations. This information is relevant for prospective franchisees to understand the current scale of the Red Wagon Club operations and the involvement of its directors in company-owned locations.