How many Chem Dry outlets were operating in New Hampshire at the end of 2023?
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 |
|---|
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 New Hampshire at the end of 2023. The table provided in Item 20 of the FDD outlines the systemwide outlet summary for the years 2021-2023, detailing the number of outlets at the start of the year, outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, ceased operations for other reasons, and the number of outlets at the end of the year for each state.
Specifically for New Hampshire, the data shows that in 2021, there were 4 outlets at the start of the year and 4 at the end of the year. In 2022, there were 4 outlets at the start of the year and 2 at the end of the year. By 2023, there were 2 outlets at the start of the year and 2 at the end of the year. This indicates a decrease in the number of Chem Dry outlets in New Hampshire over the three-year period.
For a prospective franchisee, this information is valuable in understanding the current market presence and trend of Chem Dry in New Hampshire. The decrease in outlets could be due to various factors such as market saturation, franchisee performance, or regional economic conditions. It would be prudent for a potential franchisee to investigate the reasons behind this trend and assess the opportunities and challenges of operating a Chem Dry franchise in New Hampshire.