How many franchised Cr3 American Exteriors outlets were operating at the end of 2023?
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, there were 7 franchised outlets operating at the end of 2023. The FDD provides a table outlining the number of franchised and company-owned outlets from 2022 to 2024. In 2023, the number of franchised Cr3 American Exteriors outlets increased from 0 at the start of the year to 7 by the end of the year.
This information is crucial for potential franchisees as it provides insight into the growth and expansion of the Cr3 American Exteriors franchise system. The increase in franchised outlets suggests a growing interest in the franchise opportunity and potential market demand for Cr3 American Exteriors' services.
However, it's important to note that past performance is not indicative of future results. Prospective franchisees should conduct their own due diligence and market research to assess the viability of a Cr3 American Exteriors franchise in their desired location. They should also consider factors such as competition, local market conditions, and their own business skills and resources.