What was the net change in the number of franchised Spray Net outlets during 2022?

According to Spray Net's 2025 Franchise Disclosure Document, the net change in the number of franchised outlets during 2022 was an increase of 15. At the start of 2022, there were 11 franchised Spray Net outlets, and by the end of the year, this number had grown to 26. This indicates a significant expansion of the franchise system during that year.

For a prospective franchisee, this growth trend can be seen as a positive indicator of the brand's momentum and market acceptance. A net increase of 15 franchised outlets suggests that existing franchisees are finding success and new entrepreneurs are attracted to the Spray Net business model. This can provide a level of confidence for new franchisees, knowing that the system has demonstrated the ability to expand.

It's important to note that while the net change provides an overview of growth, it does not reveal the entire picture. For example, the number of outlets opened and closed during the year is not specified in this table. A more detailed analysis of outlet performance, including factors such as terminations and transfers, would provide a more comprehensive understanding of the franchise system's health and stability. Reviewing the performance of existing franchisees and understanding the reasons behind any terminations or non-renewals is a crucial part of due diligence before investing in a franchise.

Overall, the information suggests that Spray Net experienced substantial growth in its franchised outlet network during 2022. This growth could be attributed to various factors, such as effective marketing strategies, strong franchisee support, or favorable market conditions. However, prospective franchisees should conduct thorough research and due diligence to assess the long-term sustainability and potential risks associated with investing in a Spray Net franchise.