Reply from SHARPSHEETSNov 4, 2024
Jim, thank you for reviewing the Line-X franchise profile we have on our website. 2 important things here:
(1) I think you missed that the locations, as clearly explained in our piece, are US and Canada ("worldwide"). For example, Line-X did have 549 locations in total across US and Canada in the beginning of 2022, hence more than 500. As with everything online, I would kindly advise you to pay close(r) attention at the fine print, including footnotes, to make sure you do understand what you read and not falsely blame it as "puff" or "extremely inaccurate" 😉
(2) The piece was updated as of the 2023 FDD (and not 2024, yet) - as explained again in the footnotes. You are right, the franchise did lose 143 franchisees down to 275 at the end of the year 2023. And allegedly about 200 in total as of today (Q4 2024).
We have updated today the piece accordingly to take these changes into account. If, like us, you enjoy following this kind of franchise industry content, we'd love to get in touch. Thanks for reading us.