How many Chem Dry outlets in Tennessee were operating 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 |
|---|---|---|---|---|---|---|---|---|
| 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 27 Chem Dry outlets operating in Tennessee at the end of 2023. The table provided in Item 20 of the FDD details the changes in the number of outlets for each state over the course of the 2021, 2022, and 2023 fiscal years.
Specifically for Tennessee, the number of Chem Dry outlets started at 28 in 2021, increased to 30 by the end of 2021, then decreased to 28 in 2022. In 2023, one new Chem Dry location opened, while two closed, resulting in 27 Chem Dry locations in Tennessee at the end of 2023.
For a prospective franchisee, this data indicates the recent history of Chem Dry's presence in Tennessee. It shows a slight decrease in the number of outlets over the past few years. This information can be useful for understanding the market dynamics and potential opportunities or challenges in the Tennessee area.