How many Chem Dry franchises were operating in Indiana 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 52 Chem Dry franchises operating in Indiana at the end of 2021. The table provided in Item 20 of the FDD details the systemwide outlet summary for the years 2021 through 2023, offering a year-by-year breakdown of outlet statistics for each state. This includes the number of outlets at the start of the year, outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, outlets ceasing operations for other reasons, and the number of outlets at the end of the year.
For a prospective Chem Dry franchisee, this level of detail offers valuable insights into the brand's performance and stability in specific geographic areas. Seeing the changes in outlet numbers—openings, closures, and net changes—can help potential franchisees assess the market saturation and growth potential in their target state. It also provides a basis for comparison against other states, revealing where Chem Dry is thriving and where it may be facing challenges.
It's important to note that while the table provides a snapshot of outlet activity, it doesn't delve into the reasons behind terminations or non-renewals. A prospective franchisee should consider this data in conjunction with other information, such as franchisee satisfaction surveys or direct conversations with current and former franchisees, to gain a more comprehensive understanding of the Chem Dry franchise system.