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What was the net change in the number of franchised Spray Net outlets during 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, the net change in the number of franchised outlets during 2023 was an increase of one location. At the start of 2023, there were 26 franchised Spray Net outlets, and by the end of the year, this number had increased to 27. This indicates a modest growth in the franchise system during that period.

For a prospective franchisee, this information provides insight into the growth trajectory of Spray Net. A net increase of one franchise may suggest steady but not rapid expansion. It is important to consider this figure in conjunction with other data, such as the number of new outlets opened and any terminations or non-renewals, to get a comprehensive understanding of franchise stability and growth.

It is also worth noting that there were no company-owned Spray Net outlets during 2023, as the number remained at zero for both the start and end of the year. This indicates that Spray Net's growth is primarily driven by franchised locations rather than corporate-owned stores. A potential franchisee should investigate the reasons behind this strategy and how it might impact their own franchise operations and support from the franchisor.

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.