As of what date are the outlet numbers reported in Tables 1 through 5 for Cd One Price Cleaners?
Cd_One_Price_Cleaners Franchise · 2025 FDDAnswer from 2025 FDD Document
All numbers appearing in Tables 1 through 5 below are as of December 31 in each year. Our affiliates operated all of the outlets listed as "company-owned" in the tables. Some of the outlets listed as being sold to franchisees or opened franchised CD Stores reflect CD Stores that our affiliate operated and sold to franchisees. 2 CD Stores in Illinois converted from Plant Stores to Satellite Stores (one in 2020 and the other in 2021) and 1 new Satellite Store opened in Illinois in 2021, 1 new Satellite Store opened in Illinois in 2022 and 2 new Satellite Stores opened in Illinois in 2023. The remaining CD Stores are Plant Stores.
Source: Item 20 — Outlets and Franchisee Information (FDD pages 68–72)
What This Means (2025 FDD)
According to Cd One Price Cleaners' 2025 Franchise Disclosure Document, the outlet numbers reported in Tables 1 through 5 are as of December 31st for each year presented. This is a standard practice in franchise disclosure, providing a consistent annual snapshot of the franchise system's composition and changes.
For a prospective franchisee, this date is important because it provides a clear point of reference for understanding the data presented in the tables. When reviewing the tables, such as the Systemwide Outlet Summary, the Status of Franchised Outlets, the Status of Company-Owned Outlets, and Projected Openings, the numbers reflect the situation as it stood on the last day of the year. This allows for year-over-year comparisons and helps identify trends in outlet openings, closures, transfers, and overall system growth.
Specifically, Table 1 shows the Systemwide Outlet Summary for 2022 to 2024. Table 3 details the Status of Franchised Outlets for 2022 to 2024. Table 4 shows the Status of Company-Owned Outlets for 2022 to 2024. Table 5 details Projected Openings as of December 31, 2023. All of these figures are 'locked in' as of December 31 of the given year, regardless of when the FDD is actually issued. This ensures consistency and comparability across different years' data.