table_specific

How many franchised Spray Net outlets were operating at the start of 2023?

Spray_Net Franchise · 2025 FDD

Answer 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, there were 26 franchised outlets operating at the start of 2023. This number is part of a broader table that tracks the growth and changes in the number of franchised and company-owned outlets over a three-year period. The table provides a clear view of the franchise's expansion and stability.

Specifically, the table details the number of outlets at the beginning and end of each year, as well as the net change in outlets. For a prospective franchisee, this information is valuable in assessing the growth trajectory of Spray Net. The increase from 11 franchised outlets at the start of 2022 to 26 by the start of 2023 indicates significant growth. However, the relatively small increase of only one outlet during 2023 (from 26 to 27) might warrant further investigation to understand the factors influencing this slower growth.

It is also important to note that Spray Net does not operate any company-owned outlets, as indicated by the consistent '0' values in the 'Company-Owned' rows for all years. This suggests that Spray Net's business model is heavily reliant on franchising, which could have implications for the level of support and resources provided to franchisees. A potential franchisee should consider these factors and ask Spray Net about their strategies for supporting franchise growth and addressing any challenges in specific markets.

Overall, the data presented in the table offers a snapshot of Spray Net's franchise system's development. While the growth in franchised outlets is a positive sign, a deeper analysis of the factors affecting outlet performance and the franchisor's support system is crucial for making an informed investment decision.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.