Question 1

How many Jovie franchise locations are there?

Accepted Answer

Jovie currently has 182 total units, including 165 franchised locations and 17 company-owned locations.

Question 2

Is the Jovie franchise system growing or shrinking?

Accepted Answer

Jovie has experienced negative net growth of -2.1% over the past year, with a 3-year compound annual growth rate (CAGR) of -1.8%.

Question 3

What is the franchise vs. company-owned ratio for Jovie?

Accepted Answer

Jovie has a franchise ratio of 91%, meaning 91% of all units are franchisee-owned. This is a heavily franchised system.

Question 4

How many Jovie franchise units have opened and closed recently?

Accepted Answer

In the most recent reporting year (2024), Jovie had 1 units opened and 2 units closed.