How many Chem Dry outlets opened in Massachusetts during 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 zero Chem Dry outlets opened in Massachusetts during 2021. The table provided in Item 20 of the FDD, titled "Systemwide Outlet Summary for Years – 2021 – 2023," details the number of outlets opened, terminated, non-renewed, and closed for each state during those years.
Specifically, for Massachusetts in 2021, the table indicates the following: there were 29 outlets at the start of the year, 0 outlets opened, 0 terminations, 1 non-renewal, 0 outlets reacquired by the franchisor, 0 ceased operations for other reasons, resulting in 28 outlets at the end of the year. This data provides a clear picture of outlet activity within the state during that period.
Prospective franchisees can use this information to understand the growth and stability of the Chem Dry franchise in specific geographic areas. A lack of new openings in a particular state could indicate market saturation, lack of available territories, or other factors that potential franchisees should investigate further. It is important to also consider the number of terminations and non-renewals, as these figures can provide insights into franchisee success and satisfaction within the Chem Dry system.