How many Chem Dry outlets operated in Mississippi at the end of 2023?
Chem_Dry Franchise · 2024 FDDAnswer from 2024 FDD Document
| 2022 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | |
|---|---|---|---|---|---|---|---|---|
| 2023 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | |
| Maryland | 2021 | 54 | 2 | 9 | 0 | 0 | 0 | 47 |
| 2022 | 47 | 5 | 15 | 2 | 0 | 1 | 34 | |
| 2023 | 34 | 0 | 1 | 4 | 0 | 0 | 28 | |
| Massachusetts | 2021 | 29 | 0 | 0 | 1 | 0 | 0 | 28 |
| 2022 | 28 | 0 | 1 | 0 | 0 | 0 | 27 | |
| 2023 | 27 | 0 | 0 | 0 | 0 | 0 | 27 | |
| Michigan | 2021 | 39 | 3 | 2 | 2 | 0 | 3 | 35 |
| 2022 | 35 | 2 | 3 | 3 | 0 | 0 | 31 | |
| 2023 | 31 | 0 | 0 | 0 | 0 | 0 | 31 | |
| Minnesota | 2021 | 38 | 1 | 5 | 1 | 0 | 0 | 33 |
| 2022 | 33 | 0 | 3 | 1 | 0 | 0 | 29 | |
| 2023 | 29 | 0 | 0 | 1 | 0 | 0 | 28 | |
| Mississippi | 2021 | 7 | 0 | 0 | 0 | 0 | 0 | 7 |
| 2022 | 7 |
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 2 Chem Dry outlets operating in Mississippi at the end of 2023. The provided table summarizes the systemwide outlet information for the years 2021 through 2023. This data includes details on outlet openings, terminations, non-renewals, and closures, ultimately showing the net change in the number of outlets per state each year.
For a prospective franchisee, this information is useful in understanding the brand's presence and performance in specific geographic areas. The number of outlets can be an indicator of market saturation, brand recognition, and potential growth opportunities. Reviewing the changes in outlet numbers over the three-year period can reveal trends in the brand's expansion or contraction within a state.
It is important to note that while the table provides a snapshot of outlet activity, it does not offer insights into the financial performance or operational success of individual franchises. A prospective Chem Dry franchisee should further investigate the factors contributing to the changes in outlet numbers, such as local market conditions, competition, and franchisee performance. This information, combined with other due diligence efforts, can help in making an informed decision about investing in a Chem Dry franchise.