How many Cr3 American Exteriors outlets opened in Michigan during 2022?
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 outlets opened in Michigan during 2022. The table provided in Item 20 of the FDD outlines the number of outlets opened in various states, and for Michigan in 2022, the 'Outlets Opened' column shows a value of 0.
This information is crucial for potential franchisees as it provides insight into the brand's expansion and presence in specific geographic areas. A lack of openings in a particular state during a given year could indicate market saturation, strategic focus on other regions, or challenges in establishing the franchise in that area.
Prospective franchisees should further investigate the reasons behind the absence of new Cr3 American Exteriors outlets in Michigan during 2022. Understanding the market dynamics and the franchisor's growth strategy is essential for making an informed investment decision. This data, combined with other factors, helps assess the potential for success in a specific territory.