How many Chem Dry outlets in South Carolina were terminated in 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 |
|---|---|---|---|---|---|---|---|---|
| Alabama | 2021 | 32 | 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 zero terminations of Chem Dry franchises in South Carolina during 2023. The table provided in Item 20 of the FDD outlines the systemwide outlet summary for the years 2021-2023, including terminations, non-renewals, and other reasons for ceased operations.
Specifically, the data shows that for South Carolina in 2023, there were 34 outlets at the start of the year, zero outlets opened, five ceased operations for reasons other than termination or non-renewal, and zero were terminated. This resulted in 29 outlets at the end of the year.
Prospective franchisees should note that while terminations represent a permanent end to the franchise agreement, other forms of ceased operations can also impact the overall network size and brand presence in a given area. Understanding the reasons behind outlet changes can provide valuable insight into the stability and performance of the Chem Dry franchise system in specific markets.