How many Chem Dry franchises were operating in Illinois 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 |
|---|---|---|---|---|---|---|---|---|
| Alabama | 2021 | 32 | 0 | 1 | 0 | 0 | 0 | 31 |
| 2022 | 31 | 0 | 4 | 0 | 0 | 0 | 27 | |
| 2023 | 27 | 1 | 4 | 1 | 0 | 0 | 23 |
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 53 Chem Dry franchises operating in Illinois at the end of 2021. This information is derived from the Systemwide Outlet Summary table, which provides a breakdown of franchise locations by state and year.
The table details the number of outlets at the start of the year, the number of outlets opened during the year, and the number of outlets at the end of the year. It also accounts for terminations, non-renewals, reacquisitions by the franchisor, and other reasons for ceased operations. This level of detail can help prospective franchisees understand the dynamics of the Chem Dry franchise network in specific states.
For a potential Chem Dry franchisee, this data offers insights into the stability and growth of the franchise in Illinois. Reviewing the changes in outlet numbers over the three years presented (2021-2023) can reveal trends about the market and the brand's performance in that region. This information is valuable for assessing the potential opportunities and challenges of investing in a Chem Dry franchise in Illinois.