How many Chem Dry outlets in total were terminated during 2023?
Chem_Dry Franchise · 2024 FDDAnswer from 2024 FDD Document
| 2023 | 10 | 2 | 5 | 0 | 0 | 4 | 3 | |
|---|---|---|---|---|---|---|---|---|
| California | 2021 | 272 | 8 | 19 | 5 | 0 | 0 | 256 |
| 2022 | 256 | 13 | 5 | 13 | 0 | 27 | 224 | |
| 2023 | 224 | 5 | 16 | 15 | 0 | 0 | 198 | |
| Colorado | 2021 | 53 | 1 | 7 | 1 | 0 | 1 | 45 |
| 2022 | 45 | 1 | 2 | 2 | 0 | 0 | 40 | |
| 2023 | 40 | 0 | 2 | 2 | 0 | 0 | 36 | |
| Connecticut | 2021 | 13 | 3 | 0 | 0 | 0 | 0 | 16 |
| 2022 | 16 | 0 | 2 | 2 | 0 | 0 | 12 | |
| 2023 | 12 | 0 | 5 | 0 | 0 | 0 | 7 | |
| Delaware | 2021 | 7 | 0 | 0 | 0 | 0 | 0 | 7 |
| 2022 | 7 | 0 | 0 | 0 | 0 | 3 | 4 | |
| 2023 | 4 | 0 | 0 | 0 | 0 | 0 | 4 | |
| District of | 2021 | 4 | 0 | 0 | 0 | 0 | 0 | 4 |
| Columbia | ||||||||
| 2022 | 4 | 0 | 2 | 0 | 0 | 0 | 2 | |
| 2023 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Florida | 2021 | 104 | 9 | 7 | 3 | 0 | 0 | 103 |
| 2022 | 103 | 0 | 11 | 8 | 0 | 1 | 88 | |
| 2023 | 88 | 7 | 12 | 2 | 0 | 0 | 81 | |
| Georgia | 2021 | 54 | 7 | 2 | 0 | 0 | 0 | 59 |
| 2022 | 59 | 4 | 22 | 3 | 0 | 3 | 35 | |
| 2023 | 35 | 0 | 4 | 0 | 0 | 2 | 29 | |
| Hawaii | 2021 | 6 | 0 | 2 | 0 | 0 | 0 | 4 |
| 2022 | 4 | 0 | 1 | 0 | 0 | 0 | 3 | |
| 2023 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | |
| Idaho | 2021 | 28 | 0 | 0 | 0 | 0 | 0 | 28 |
| 2022 | 28 | 0 | 2 | 0 | 0 | 0 | 26 | |
| 2023 | 26 | 0 | 0 | 1 | 0 | 0 | 25 | |
| Illinois | 2021 | 68 | 0 | 0 | 5 | 0 | 0 | 63 |
| 2022 | 63 | 1 | 10 | 4 | 0 | 1 | 49 | |
| 2023 | 49 | 0 | 0 | 2 | 0 | 0 | 46 | |
| Indiana | 2021 | 54 | 3 | 0 | 5 | 0 | 0 | 52 |
| 2022 | 52 | 0 | 3 | 4 | 0 | 2 | 43 | |
| 2023 | 43 | 0 | 0 | 1 | 0 | 0 | 42 | |
| Iowa | 2021 | 11 | 0 | 0 | 0 | 0 | 0 | 11 |
| 2022 | 11 | 0 | 2 | 0 | 0 | 0 | 9 | |
| 2023 | 9 | 0 | 0 | 0 | 0 | 0 | 9 | |
| Kansas | 2021 | 8 | 0 | 0 | 1 | 0 | 0 | 7 |
| 2022 | 7 | 0 | 0 | 2 | 0 | 0 | 5 | |
| 2023 | 5 | 0 | 0 | 1 | 0 | 0 | 4 | |
| Kentucky | 2021 | 11 | 0 | 0 | 0 | 0 | 0 | 11 |
| 2022 | 11 | 3 | 1 | 0 | 0 | 0 | 13 | |
| 2023 | 13 | 0 | 4 | 0 | 0 | 0 | 9 | |
| Louisiana | 2021 | 15 | 0 | 5 | 0 | 0 | 0 | 10 |
| 2022 | 10 | 0 | 6 | 0 | 0 | 0 | 4 | |
| 2023 | 4 | 1 | 0 | 1 | 0 | 0 | 4 | |
| Maine | 2021 | 2 | 0 | 0 | 0 | 0 | 0 | 2 |
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 a total of 70 Chem Dry outlets that were closed during 2023. This number is derived from the 'Outlets Closed' column in the 'Systemwide Outlet Summary For Years – 2021 – 2023' table. This table provides a detailed breakdown of outlet activity across various states and territories.
Specifically, for the year 2023, the 'TOTALS' row indicates that 70 outlets were closed. This figure encompasses all closures, regardless of the reason, within the Chem Dry franchise system during that year. Closures can occur for a variety of reasons, including termination, non-renewal, or other factors that lead to the cessation of operations.
Prospective franchisees should carefully consider the number of closures when evaluating the stability and performance of the Chem Dry franchise system. While closures are a normal part of any franchise operation, a high number of closures could indicate potential challenges or issues within the system. It is advisable to discuss the reasons for closures with the franchisor and current franchisees to gain a better understanding of the factors that may contribute to outlet closures and to assess the overall health and sustainability of the franchise opportunity.