How many Chem Dry franchises were operating in Hawaii at the end of 2021?
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 | |
| District of | 2021 | 4 | 0 | 0 | 0 | 0 | 0 | 4 |
| Columbia | ||||||||
| 2022 | 4 | 0 | 2 | 0 | 0 | 0 | 2 | |
| 2023 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Florida | 2021 | 104 | 9 | 7 | 3 | 0 | 0 | 103 |
| 2022 | 103 | 0 | 11 | 8 | 0 | 1 | 88 | |
| 2023 | 88 | 7 | 12 | 2 | 0 | 0 | 81 | |
| Georgia | 2021 | 54 | 7 | 2 | 0 | 0 | 0 | 59 |
| 2022 | 59 | 4 | 22 | 3 | 0 | 3 | 35 | |
| 2023 | 35 | 0 | 4 | 0 | 0 | 2 | 29 | |
| Hawaii | 2021 | 6 | 0 | 2 | 0 | 0 | 0 | 4 |
| 2022 | 4 | 0 | 1 | 0 | 0 | 0 | 3 | |
| 2023 | 3 | 0 | 0 | 0 | 0 | 0 | 3 |
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 4 Chem Dry franchises operating in Hawaii at the end of 2021. At the start of 2021, there were 6 franchises. During 2021, 2 franchises were terminated, resulting in the year-end total of 4.
For a prospective franchisee, this data indicates the historical presence and changes in the number of Chem Dry outlets in Hawaii. It is important to note the net decrease of 2 franchises during 2021. This could be due to various factors such as market conditions, franchisee performance, or other economic factors.
A prospective franchisee should investigate the reasons for the franchise terminations in Hawaii during 2021 to better understand the market dynamics and potential challenges in that region. Understanding these factors can help in making an informed decision about investing in a Chem Dry franchise in Hawaii.
It would also be prudent to compare these figures with more recent data and industry averages to assess the current health and growth potential of Chem Dry franchises in Hawaii. This information, combined with thorough market research and due diligence, will provide a comprehensive view of the franchise opportunity.