table_specific

How many Chem Dry outlets were operating in Nebraska at the end of 2022?

Chem_Dry Franchise · 2024 FDD

Answer 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 0 0 0 0 0 7
2023 2 0 0 0 0 0 2
Missouri 2021 26 1 0 2 0 0 25
2022 25 0 0 0 0 0 25
2023 25 2 0 0 0 1 26
Montana 2021 25 0 0 0 0 0 25
2022 25 0 16 2 0 1 6
2023 6 0 0 0 0 0 6
Nebraska 2021 15 0 0 2 0 0 13
2022 13 0

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 11 Chem Dry outlets operating in Nebraska at the end of 2022. This number reflects the total number of Chem Dry franchise locations that were active and operational in Nebraska during that year.

As a prospective franchisee, this data point provides insight into the brand's presence and market penetration within Nebraska. A higher number of existing outlets might suggest established brand recognition and customer base, while a lower number could indicate untapped market potential but also greater challenges in establishing the brand.

It is important to also consider the trend in outlet numbers over the three years presented in the table. In Nebraska, the number of Chem Dry outlets decreased from 13 in 2021 to 11 in 2022, and further decreased to 10 in 2023. This trend could indicate market saturation, closures, or other factors affecting the brand's performance in the state. Further investigation into the reasons behind these changes would be beneficial for a potential franchisee.

To gain a comprehensive understanding, a prospective Chem Dry franchisee should investigate the performance of existing outlets, market demographics, and competitive landscape in Nebraska. Speaking with current and former franchisees in the region can provide valuable insights into the opportunities and challenges of operating a Chem Dry franchise in that specific market.

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.