How many Chem Dry outlets were operating in Maryland 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 47 Chem Dry outlets operating in Maryland at the end of 2021. At the start of 2021, there were 54 outlets. During 2021, 2 outlets opened, and 9 were terminated, resulting in the year-end total of 47.
It is important to note that the number of outlets can fluctuate due to various reasons, including terminations. A prospective franchisee should consider these factors when evaluating the potential market and competition in Maryland. Understanding the dynamics of outlet openings and closures can provide insights into the stability and growth potential of the Chem Dry franchise in the region.
This information is valuable for potential franchisees as it provides a snapshot of Chem Dry's presence and activity in Maryland. Reviewing these figures over the three-year period (2021-2023) can reveal trends and inform decisions about entering the Maryland market. Franchisees should also inquire about the reasons for terminations to better assess the health of the franchise system in specific areas.