What was the total number of Spray Net outlets at the start of 2022?
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, at the beginning of 2022, there were a total of 11 Spray Net outlets. These were all franchised locations, as there were zero company-owned outlets at that time. By the end of 2022, the total number of Spray Net outlets had increased to 26, representing a net change of +15 outlets during the year.
For a prospective franchisee, this indicates the size and growth trajectory of the Spray Net franchise system. The fact that all outlets were franchised at the start of 2022 suggests that Spray Net was primarily focused on expanding through franchising rather than company-owned operations. The increase of 15 franchised outlets during 2022 shows a significant expansion during that year.
It's important to note that while the total number of outlets provides a general overview, further investigation into the performance and sustainability of these outlets would be beneficial. A prospective franchisee should consider factors such as the average revenue per outlet, the success rate of new franchises, and the reasons for any terminations or non-renewals to gain a more comprehensive understanding of the franchise system's health and stability.
Overall, the data suggests that Spray Net experienced substantial growth in its number of franchised outlets during 2022. This information can be valuable for potential franchisees as they evaluate the franchise opportunity and assess the potential for future growth and success.