How many Chem Dry franchises in Arkansas were opened in 2021?
Chem_Dry Franchise · 2024 FDDAnswer from 2024 FDD Document
TOTALS | 2021 | 34 | | | 2022 | 52 | | | 2023 | 38 | TABLE 3 STATUS OF FRANCHISED OUTLETS FOR YEARS – 2021 – 2023
| State | Year | Outlets at Start of Year | Outlets Opened | Termi nations | Non Renewals | Re acquired by Franchisor | Ceased Operations Other Reasons | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|---|
| Alabama | 2021 | 32 | 0 | 1 | 0 | 0 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION TABLE 1 SYSTEMWIDE OUTLET SUMMARY FOR YEARS – 2021 – 2023 (FDD pages 59–68)
What This Means (2024 FDD)
According to Chem Dry's 2024 Franchise Disclosure Document, there were 3 Chem Dry franchises opened in Arkansas during 2021. At the start of 2021, there were 6 Chem Dry locations. With the addition of the 3 new franchises, there were 9 locations by the end of 2021.
This information is useful for potential franchisees to understand the growth and presence of Chem Dry in Arkansas. The number of new franchises opened can indicate the level of interest and investment in the area. It also provides a baseline for evaluating the market potential and competition within the state.
It is important to note that this data reflects past performance and may not be indicative of future results. Factors such as economic conditions, local market dynamics, and the franchisor's growth strategy can influence the number of new franchises opened in any given year. Prospective franchisees should conduct their own due diligence and market research to assess the viability of a Chem Dry franchise in their desired location.