What was the total number of The Standardx outlets at the end of 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, at the end of 2022, the total number of outlets was 0. The provided table, "Systemwide Outlet Summary For years 2022 to 2024," indicates that the number of outlets at the start of the year was 0, the number of outlets opened was 0, the number of outlets reacquired from franchisees was 0, the number of outlets closed was 0, and the number of outlets sold to franchisees was 0. This resulted in 0 outlets at the end of 2022.
This data suggests that The Standardx was either a very new franchise system in 2022 or had not yet successfully launched any franchised or company-owned locations. A prospective franchisee should further investigate the reasons behind these figures to assess the potential risks and opportunities associated with investing in The Standardx.
It is important to note that these figures reflect the status as of December 31, 2022, and do not account for any changes that may have occurred subsequently. A potential franchisee should inquire about the current number of operating outlets and the growth trajectory of The Standardx since 2022 to gain a more complete understanding of the franchise system's performance.