How many Chem Dry outlets in Wyoming were operating at the end 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 | 2 | 0 | 0 | 0 | 0 | 5 | |
| 2023 | 5 | 0 | 0 | 0 | 0 | 0 | 5 | |
| Tennessee | 2021 | 28 | 2 | 0 | 0 | 0 | 0 | 30 |
| 2022 | 30 | 3 | 5 | 0 | 0 | 0 | 28 | |
| 2023 | 28 | 1 | 0 | 2 | 0 | 0 | 27 | |
| Texas | 2021 | 120 | 15 | 3 | 4 | 0 | 2 | 126 |
| 2022 | 126 | 3 | 14 | 2 | 0 | 7 | 106 | |
| 2023 | 106 | 2 | 12 | 5 | 0 | 0 | 91 | |
| Utah | 2021 | 26 | 1 | 0 | 0 | 0 | 0 | 27 |
| 2022 | 27 | 0 | 1 | 0 | 0 | 0 | 26 | |
| 2023 | 26 | 0 | 1 | 1 | 0 | 0 | 24 | |
| Vermont | 2021 | 3 | 0 | 0 | 0 | 0 | 0 | 3 |
| 2022 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | |
| 2023 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | |
| Virginia | 2021 | 58 | 2 | 2 | 3 | 0 | 0 | 55 |
| 2022 | 55 | 0 | 14 | 5 | 0 | 2 | 34 | |
| 2023 | 34 | 1 | 2 | 1 | 0 | 0 | 32 | |
| Washington | 2021 | 77 | 3 | 2 | 7 | 0 | 3 | 68 |
| 2022 | 68 | 0 | 4 | 6 | 0 | 1 | 56 | |
| 2023 | 56 | 0 | 2 | 5 | 0 | 0 | 49 | |
| W. Virginia | 2021 | 5 | 0 | 0 | 0 | 0 | 0 | 5 |
| 2022 | 5 | 0 | 2 | 1 | 0 | 0 | 2 | |
| 2023 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | |
| Wisconsin | 2021 | 32 | 0 | 0 | 0 | 0 | 0 | 32 |
| 2022 | 32 | 1 | 3 | 3 | 0 | 2 | 25 | |
| 2023 | 25 | 0 | 1 | 0 | 0 | 0 | 24 | |
| Wyoming | 2021 | 10 | 0 | 0 | 1 | 0 | 0 | 9 |
| 2022 | 9 | 0 | 4 | 0 | 0 | 0 | 5 |
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 5 Chem Dry outlets operating in Wyoming at the end of 2022. This information is derived from the Systemwide Outlet Summary table, which provides a state-by-state breakdown of outlet activity. The table tracks the number of outlets at the start of the year, openings, terminations, non-renewals, reacquisitions, ceased operations, and the resulting number of outlets at the end of the year. This data helps prospective franchisees understand the brand's presence and stability in specific markets.
For a potential Chem Dry franchisee, this level of detail is valuable for assessing market saturation and growth trends. Knowing the number of outlets opened, closed, or transferred in recent years can inform their decision-making process. It is important to note the difference between terminations, non-renewals, reacquisitions and ceased operations, as each of these categories can indicate different factors influencing outlet counts.
The table provides data for 2021, 2022, and 2023, offering a three-year view of Chem Dry's franchise system dynamics. Reviewing this historical data allows potential franchisees to identify states with higher turnover rates or significant changes in outlet numbers. This information, combined with other market research, can help franchisees evaluate the potential risks and opportunities associated with investing in a Chem Dry franchise in a particular state.
While the table offers a comprehensive overview of outlet activity, it's essential for prospective franchisees to conduct their own due diligence. This includes speaking with current and former franchisees, analyzing local market conditions, and understanding the competitive landscape. By combining the information provided in the FDD with independent research, potential franchisees can make a more informed decision about whether to invest in a Chem Dry franchise.