How many Chem Dry franchises were operating in Delaware at the end of 2022?
Chem_Dry Franchise · 2024 FDDAnswer from 2024 FDD Document
| 2023 | 10 | 2 | 5 | 0 | 0 | 4 | 3 | |
|---|---|---|---|---|---|---|---|---|
| California | 2021 | 272 | 8 | 19 | 5 | 0 | 0 | 256 |
| 2022 | 256 | 13 | 5 | 13 | 0 | 27 | 224 | |
| 2023 | 224 | 5 | 16 | 15 | 0 | 0 | 198 | |
| Colorado | 2021 | 53 | 1 | 7 | 1 | 0 | 1 | 45 |
| 2022 | 45 | 1 | 2 | 2 | 0 | 0 | 40 | |
| 2023 | 40 | 0 | 2 | 2 | 0 | 0 | 36 | |
| Connecticut | 2021 | 13 | 3 | 0 | 0 | 0 | 0 | 16 |
| 2022 | 16 | 0 | 2 | 2 | 0 | 0 | 12 | |
| 2023 | 12 | 0 | 5 | 0 | 0 | 0 | 7 | |
| Delaware | 2021 | 7 | 0 | 0 | 0 | 0 | 0 | 7 |
| 2022 | 7 | 0 | 0 | 0 | 0 | 3 | 4 | |
| 2023 | 4 | 0 | 0 | 0 | 0 | 0 | 4 |
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 7 Chem Dry franchises operating in Delaware at the start of 2022. During 2022, no new Chem Dry franchises opened in Delaware. There were no terminations, non-renewals or re acquisitions by the franchisor. However, 3 franchises ceased operations for other reasons. Therefore, at the end of 2022, there were 4 Chem Dry franchises operating in Delaware.
It is important to note the changes in the number of franchises from year to year. A decrease in the number of operating franchises could be a sign of financial challenges faced by franchisees or other issues within the Chem Dry system.
A prospective Chem Dry franchisee should inquire about the reasons for franchise closures in Delaware and the support Chem Dry provides to help franchisees succeed. Understanding these factors can help a potential franchisee assess the stability and growth potential of the Chem Dry franchise in that specific market.