How many Cr3 American Exteriors outlets were operating in Michigan at the start of 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's 2025 Franchise Disclosure Document, there were zero outlets operating in Michigan at the start of 2022. The table provided in Item 20 of the FDD details the number of outlets at the start of the year, outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, ceased operations for other reasons, and outlets at the end of the year for various states. For Michigan, the 'Outlets at Start of Year' for 2022 is listed as 0.
This indicates that Cr3 American Exteriors had not yet established a presence in Michigan through franchising or company-owned operations by the beginning of 2022. The table also shows that in 2023, one outlet was opened in Michigan, and by the end of 2024, there was still only one outlet operating in the state.
For a prospective franchisee, this information highlights the growth trajectory of Cr3 American Exteriors in Michigan. The absence of any outlets at the start of 2022, followed by the opening of one outlet in 2023, suggests that the brand is relatively new to the state. This could represent both an opportunity and a risk for potential franchisees. The opportunity lies in being among the first to establish the brand in the area, while the risk involves the uncertainty of market acceptance and brand recognition in a new territory.