How many Chem Dry outlets in South Dakota were operating at the beginning of 2022?
Chem_Dry Franchise · 2024 FDDAnswer from 2024 FDD Document
| Ohio | 2021 | 40 | 0 | 0 | 1 | 0 | 0 | 39 |
|---|---|---|---|---|---|---|---|---|
| 2022 | 39 | 1 | 5 | 2 | 0 | 3 | 30 | |
| 2023 | 30 | 0 | 7 | 1 | 0 | 0 | 22 | |
| Oklahoma | 2021 | 15 | 0 | 0 | 0 | 0 | 0 | 15 |
| 2022 | 15 | 2 | 0 | 0 | 0 | 0 | 17 | |
| 2023 | 17 | 0 | 0 | 0 | 0 | 0 | 17 | |
| Oregon | 2021 | 40 | 0 | 0 | 0 | 0 | 0 | 40 |
| 2022 | 40 | 0 | 6 | 1 | 0 | 1 | 33 | |
| 2023 | 33 | 0 | 0 | 1 | 0 | 0 | 32 | |
| Pennsylvania | 2021 | 47 | 4 | 2 | 2 | 0 | 0 | 47 |
| 2022 | 47 | 9 | 6 | 4 | 0 | 2 | 44 | |
| 2023 | 44 | 0 | 0 | 8 | 0 | 0 | 36 | |
| Rhode Island | 2021 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| South Carolina | 2021 | 39 | 2 | 0 | 1 | 0 | 2 | 38 |
| 2022 | 38 | 0 | 0 | 4 | 0 | 0 | 34 | |
| 2023 | 34 | 0 | 5 | 0 | 0 | 0 | 29 | |
| South Dakota | 2021 | 5 | 0 | 2 | 0 | 0 | 0 | 3 |
| 2022 | 3 |
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 3 Chem Dry outlets operating in South Dakota at the beginning of 2022. This information is based on the systemwide outlet summary for the years 2021-2023.
The table provides a year-by-year breakdown of the number of outlets at the start of the year, the number of outlets opened, terminations, non-renewals, reacquisitions by the franchisor, outlets that ceased operations for other reasons, and the number of outlets at the end of the year. This data helps prospective franchisees understand the dynamics of the Chem Dry franchise network in South Dakota.
For a prospective franchisee, this information indicates the existing market presence of Chem Dry in South Dakota. It is important to further investigate the reasons behind any terminations or closures to assess the stability and potential of the market. Understanding these trends can inform a franchisee's business plan and market strategy.
It is also worth noting that past performance does not guarantee future results. A prospective Chem Dry franchisee should conduct thorough due diligence, including market research and discussions with current and former franchisees, to assess the opportunities and challenges in South Dakota.