How many Chem Dry franchises were operating in Hawaii at the end of 2022?
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 |
|---|
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 operating in Hawaii at the end of 2022. The FDD provides a detailed breakdown of outlet statistics across different states and years, allowing prospective franchisees to understand the brand's presence and changes in specific regions.
Specifically, the table outlines the number of Chem Dry outlets at the start of the year, the number of outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, outlets that ceased operations for other reasons, and the number of outlets at the end of the year. This level of detail can help potential franchisees assess the stability and growth of the Chem Dry brand in Hawaii.
By examining these trends, prospective Chem Dry franchisees can gain insights into the market dynamics and competitive landscape they might encounter. Understanding the number of franchise transfers can also provide a sense of the stability and desirability of Chem Dry franchises in Hawaii.