How many Cr3 American Exteriors outlets were closed in Maryland during 2023?
Cr3_American_Exteriors Franchise · 2025 FDDAnswer from 2025 FDD Document
State | Year | Number of Transfers | |---|---|---| | Total | 2022 | 0 | | | 2023 | 0 | | | 2024 | 0 | Table No. 3 Status of Franchise Outlets For Years 2022 to 2024
| State | Year | Outlets at Start of Year | Outlets Opene d | Ter minati ons | Non Rene wals | Reacquire d by Franchisor | Ceased Operations Other Reasons | Outlets at End of Year |
|---|---|---|---|---|---|---|---|---|
| Arizona | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 1 | 0 | 0 | 0 | 1 |
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 no Cr3 American Exteriors outlets closed in Maryland during 2023. The provided table shows that there was one outlet in Maryland at the start of 2023, and one outlet at the end of 2023, with zero outlets closed during that year. This suggests that the existing Cr3 American Exteriors location in Maryland remained operational throughout 2023.
For a prospective franchisee, this indicates stability in the Maryland market, at least based on the limited data provided. It's important to note that this data only reflects the specific period of 2023 and may not be indicative of long-term trends. Further research into the performance and history of the Maryland location would be beneficial.
While the table provides information on outlet closures, it does not offer reasons for closures or details on the financial performance of the outlets. A prospective franchisee should inquire about the performance history of the Maryland outlet and the overall market conditions in that state to gain a more comprehensive understanding of the potential risks and opportunities.