How many Chem Dry franchises in Maryland were terminated in 2023?
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 |
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 zero terminations of Chem Dry franchises in Maryland during 2023. The relevant data is found in the Systemwide Outlet Summary table, which provides a breakdown of outlet activity by state and year. This table includes categories for 'Terminations,' allowing a prospective franchisee to see how many franchises have been terminated in a given state and year.
Specifically, the table shows that for Maryland in 2023, there were 34 Chem Dry outlets at the start of the year, and zero terminations occurred. This suggests that while some outlets may have closed for other reasons (such as non-renewal or other causes), none were terminated by Chem Dry itself.
It is important to note that this data only reflects terminations, and not other forms of franchise closures. A prospective Chem Dry franchisee should investigate the reasons for all types of closures to fully understand the stability and performance of franchises in their target market.