How many company-owned Cr3 American Exteriors outlets were operating at the start of 2024?
Cr3_American_Exteriors Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at the Start of Year | Outlets at the End of Year | Net Change |
|---|---|---|---|---|
| Franchised | 2022 | 0 | 0 | 0 |
| 2023 | 0 | 7 | +7 | |
| 2024 | 7 | 13 | +6 | |
| Company | 2022 | 5 | 5 | 5 |
| Owned* | 2023 | 5 | 3 | -2 |
| 2024 | 3 | 4 | +1 | |
| Total Outlets | 2022 | 5 | 5 | 0 |
| 2023 | 5 | 10 | +5 | |
| 2024 | 10 | 17 | +7 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 49–52)
What This Means (2025 FDD)
According to Cr3 American Exteriors's 2025 Franchise Disclosure Document, at the start of 2024, there were 3 company-owned outlets. This information is based on the table that outlines the status of company-owned outlets from 2022 to 2024. The table also shows the changes in the number of company-owned outlets over those years.
For a prospective franchisee, this indicates the scale of Cr3 American Exteriors's corporate operations alongside its franchised locations. It provides insight into the company's direct involvement in the business model. The number of company-owned stores can reflect the franchisor's confidence in their own system and their ability to operate successfully.
It's worth noting that the company-owned outlets are operated by affiliates, as described in Item 1 of the FDD. This could mean that the financial performance of these outlets might be reported differently than those of franchised locations. Franchisees should consider this when evaluating the overall health and growth strategy of Cr3 American Exteriors.