How many franchised Cr3 American Exteriors outlets were operating at the end of 2022?
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' 2025 Franchise Disclosure Document, at the end of 2022, there were zero franchised outlets operating. The provided table tracks the number of franchised, company-owned, and total outlets from 2022 to 2024.
For a prospective franchisee, this indicates that Cr3 American Exteriors began franchising in 2023. The company had 7 franchised locations by the end of 2023, and 13 by the end of 2024.
It's important to note that while the number of franchised locations has grown, prospective franchisees should investigate the reasons for the changes in company-owned stores, which decreased from 5 in 2022 to 4 in 2024. Understanding the performance and support provided to both franchised and company-owned locations will be crucial for making an informed decision.