In 2022, how many Cd One Price Cleaners outlets in Minnesota were sold to a franchisee?
Cd_One_Price_Cleaners Franchise · 2025 FDDAnswer from 2025 FDD Document
| Col. 1 State | Col. 2 Year | Col. 3 Outlets at Start of the Year | Col. 4 Outlets Opened | Col. 5 Outlets Reacquired From Franchisee | Col. 6 Outlets Closed | Col. 7 Outlets Sold to Franchisee | Col. 8 Outlets at End of the Year |
|---|---|---|---|---|---|---|---|
| Minnesota | 2022 | 1 | 0 | 0 | 0 | 1 | 0 |
Source: Item 20 — Outlets and Franchisee Information (FDD pages 68–72)
What This Means (2025 FDD)
According to Cd One Price Cleaners's 2025 Franchise Disclosure Document, in 2022, one outlet in Minnesota was sold to a franchisee. At the start of 2022, there was one outlet in Minnesota. No additional outlets were opened, reacquired from a franchisee, or closed during that year. After the sale to a franchisee, there were no remaining outlets at the end of 2022.
This indicates that Cd One Price Cleaners facilitated the transfer of an existing company-owned store to a new franchisee in Minnesota during 2022. For a prospective franchisee, this highlights a potential avenue for entering the Cd One Price Cleaners system by purchasing an existing location rather than establishing a new one.
It's important to note that the table provides a snapshot of outlet activity, and further investigation may be needed to understand the reasons behind the sale and the performance of the transferred outlet. A prospective franchisee should inquire about the history and performance of any outlet they are considering purchasing to make an informed decision.