How many Chem Dry franchises were operating in Idaho at the end of 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 |
|---|
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 28 Chem Dry franchises operating in Idaho at the end of 2021. The FDD provides a detailed table outlining the systemwide outlet summary for the years 2021 through 2023, including the number of outlets at the start and end of each year, as well as changes due to openings, terminations, non-renewals, re acquisitions by the franchisor, and other reasons for ceased operations.
For a prospective Chem Dry franchisee, this information is valuable in understanding the brand's presence and performance in specific geographic areas. The data for Idaho shows that there were 28 outlets at the start of 2021, no new outlets opened, and no outlets closed, so the year ended with 28 franchises. This stable number could indicate a mature market or limited growth opportunities within the state during that period.
It's important to note that while the table provides a snapshot of outlet activity, it doesn't offer insights into the financial performance or market saturation of those outlets. A potential franchisee should further investigate the factors influencing these numbers, such as local market conditions, competition, and the overall demand for Chem Dry's services in Idaho. This information, combined with direct conversations with existing franchisees, can provide a more comprehensive understanding of the opportunities and challenges of operating a Chem Dry franchise in Idaho.