How many Chem Dry franchises were reacquired by the franchisor in Alabama during 2022?
Chem_Dry Franchise · 2024 FDDAnswer from 2024 FDD Document
| 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 no franchises reacquired by Chem Dry in the state of Alabama during 2022. The provided table in Item 20 of the FDD outlines the systemwide outlet summary for the years 2021 through 2023, detailing changes in the number of outlets for each state.
The table specifically lists the number of outlets reacquired by Chem Dry in Alabama as zero for the year 2022. This indicates that Chem Dry did not repurchase any franchise locations in Alabama during that year.
Prospective franchisees can use this information to understand the stability and changes within the Chem Dry franchise system in specific states. A high number of reacquired franchises might indicate potential issues with franchise performance or franchisee relations, while a consistent zero, as in the case of Alabama for 2022, could suggest stability in the market.