How many company-owned The Standardx outlets were sold to franchisees in 2022?
The_Standardx Franchise · 2025 FDDAnswer from 2025 FDD Document
| Col. 1 | Col. 2 | Col. 3 | Col. 4 | Col. 5 | Col. 6 | Col. 7 | Col. 8 |
|---|---|---|---|---|---|---|---|
| State | Year | Outlets at Start of the Year | Outlets Opened | Outlets Reacquired From Franchisee | Outlets Closed | Outlets Sold to Franchisee | Outlets at End of the Year |
| 2022 | 0 | 0 | 0 | 0 | 0 | 0 | |
| All States | 2023 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2024 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2022 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Totals | 2023 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2024 | 0 | 0 | 0 | 0 | 0 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 81–85)
What This Means (2025 FDD)
According to The Standardx's 2025 Franchise Disclosure Document, in 2022, there were zero company-owned outlets sold to franchisees. The table provided in Item 20 of the FDD outlines the status of company-owned outlets from 2022 to 2024.
Specifically, the table includes columns for 'Outlets at Start of the Year', 'Outlets Opened', 'Outlets Reacquired From Franchisee', 'Outlets Closed', 'Outlets Sold to Franchisee', and 'Outlets at End of the Year'. For the year 2022, the 'Outlets Sold to Franchisee' column indicates a value of 0.
This means that The Standardx did not sell any of its company-owned outlets to franchisees during that year, according to the data reported in the FDD. A prospective franchisee might want to inquire about the reasons for this and whether The Standardx plans to sell any company-owned outlets in the future, as this could represent an opportunity for franchisees to expand their operations.