table_specific

How many Chem Dry outlets in Oklahoma were transferred to new owners in 2022?

Chem_Dry Franchise · 2024 FDD

Answer from 2024 FDD Document

State Year Number of Transfers
Arizona 2021 0
2022 0
2023 4
California 2021 5
2022 12
2023 2
Colorado 2021 1
2022 0
2023 0
Florida 2021 7
2022 5
2023 0
Georgia 2021 0
2022 0
2023 3
Hawaii 2021 0
2022 1
2023 0
Idaho 2021 0
2022 1
2023 2
Illinois 2021 0
2022 6
2023 2
Indiana 2021 0
2022 2
2023 0
Iowa 2021 0
2022 1
2023 0
Kansas 2021 0
2022 1

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 zero transfers of Chem Dry outlets in Oklahoma to new owners during 2022. This data is derived from a table summarizing outlet transfers across various states for the years 2021, 2022, and 2023.

This information is relevant for prospective franchisees as it provides insight into the resale activity within the Chem Dry franchise system. A higher number of transfers might indicate a more liquid market for existing franchises, while a lower number, as in the case of Oklahoma in 2022, could suggest franchisees are holding onto their businesses or that there are fewer opportunities to sell.

It is important to note that this data only reflects transfers to new owners and does not include other changes in outlet ownership, such as re acquisitions by Chem Dry itself or closures. Reviewing transfer data over several years, as provided in the FDD, can give a more comprehensive understanding of the stability and transferability of Chem Dry franchises in specific regions.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.