How many Chem Dry outlets in West Virginia 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 | |
| A |
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 2 Chem Dry outlets operating in West Virginia at the end of 2023. The provided table, which summarizes systemwide outlet information, shows the changes in the number of outlets from 2021 to 2023. This data helps potential franchisees understand the brand's presence and performance in specific states.
Specifically, the table indicates that in 2021, Chem Dry had 5 outlets in West Virginia. By 2022, this number remained at 5. However, in 2023, the number of outlets decreased to 2. This decrease could be due to terminations, non-renewals, or other reasons for ceasing operations, as detailed in the table's column headings.
For a prospective Chem Dry franchisee, this information highlights the importance of understanding the local market dynamics in West Virginia. The decrease in outlets suggests potential challenges or market saturation that should be further investigated. It would be prudent to speak with current and former franchisees in West Virginia to understand the reasons behind these changes and assess the opportunities and risks associated with operating a Chem Dry franchise in that state.