How many company-owned Spray Net outlets were operating at the end of 2024?
Spray_Net Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| Franchised | 2022 | 11 | 26 | +15 |
| 2023 | 26 | 27 | +1 | |
| 2024 | 27 | 29 | +2 | |
| Company-Owned | 2022 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | |
| 2024 | 0 | 0 | 0 | |
| Total Outlets | 2022 | 11 | 26 | +15 |
| 2023 | 26 | 27 | +1 | |
| 2024 | 27 | 29 | +2 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 72–75)
What This Means (2025 FDD)
According to Spray Net's 2025 Franchise Disclosure Document, Spray Net had zero company-owned outlets operating at the end of 2024. The provided table outlines the number of franchised and company-owned Spray Net outlets from 2022 through 2024. For company-owned locations, the number of outlets at the start of each year, the number of outlets at the end of each year, and the net change were all zero. This indicates that Spray Net focuses on a franchise business model rather than operating company-owned locations.
For a prospective franchisee, this information suggests that Spray Net's growth and market penetration are primarily driven by its franchisees. This may mean that Spray Net's resources are geared towards supporting franchisees rather than managing company-owned stores. It also indicates that franchisees will not be competing with company-owned locations, which can be a concern in some franchise systems.
While the FDD states that Spray Net had no company-owned stores, it is important for a potential franchisee to understand the implications of this business model. A prospective franchisee may want to ask Spray Net about the support and resources they provide to franchisees, as well as their long-term strategy for company-owned versus franchised locations. Understanding Spray Net's commitment to the franchise model can help a franchisee make an informed decision.