In what states did Cd One Price Cleaners have zero terminations of franchises in 2022?
Cd_One_Price_Cleaners Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers | |---|---|---| | Illinois | 2022 | 2 | | | 2023 | 4 | | | 2024 | 2 | | Total | 2022 | 2 | | | 2023 | 4 | | | 2024 | 2 |
Table No. 3 Status of Franchised Outlets For years 2022 to 2024
| Col. 1 State | Col. 2 Year | Col. 3 Outlets at Start of Year | Col. 4 Outlets Opened | Col. 5 Terminations | Col. 6 Non-Renewals | Col. 7 Reacquired by Franchisor | Col. 8 Ceased Operations– Other Reasons | Col.
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, in 2022, there were zero franchise terminations in Illinois, Indiana, Minnesota, and Missouri. This information is detailed in Table No. 1, which provides a systemwide outlet summary for the years 2022 to 2024.
For a prospective franchisee, this indicates stability within the Cd One Price Cleaners franchise system in these states during that year. A lack of terminations can be a positive sign, suggesting that franchisees are generally finding success and satisfaction with the brand. However, it is important to consider that a zero termination rate does not guarantee future success or a lack of challenges.
It is also worth noting that the absence of terminations does not necessarily mean the absence of transfers. In Illinois, for example, there were two transfers in 2022, indicating changes in ownership even without formal terminations. Prospective franchisees should investigate further into the reasons behind transfers and the overall health of existing franchises in their target state to gain a comprehensive understanding of the franchise's performance.