How many Chem Dry outlets in Texas were transferred to new owners in 2022?

According to Chem Dry's 2024 Franchise Disclosure Document, there were 3 Chem Dry outlets in Texas that were transferred to new owners during the year 2022. This information is based on the table summarizing transfers of outlets from franchisees to new owners, excluding transfers to the franchisor itself. The table provides a breakdown of these transfers by state and year for the period of 2021-2023.

For a prospective Chem Dry franchisee, this data point provides insight into the resale activity within the Texas market. A higher number of transfers could indicate a more active market for buying and selling existing franchises, which might present opportunities for entry or exit. However, it's important to investigate the reasons behind these transfers, as they could also signal challenges or dissatisfaction among existing franchisees.

It is important to note that this table specifically tracks transfers to new owners other than Chem Dry itself. This means that if a franchise location was reacquired by Chem Dry, it would not be included in this count. A prospective franchisee should consider this information in conjunction with other data in the FDD, such as terminations and non-renewals, to get a comprehensive view of franchise turnover.