What was the net change in the number of company-owned Cr3 American Exteriors outlets during 2023?
Cr3_American_Exteriors Franchise · 2025 FDDAnswer from 2025 FDD Document
on, and the appropriate state regulatory agencies.
ITEM 20 OUTLETS AND FRANCHISEE INFORMATION
Table No. 1 Systemwide Outlet Summary For Years 2022 to 2024
| 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 |
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, the net change in the number of company-owned outlets during 2023 was -2. This means that Cr3 American Exteriors had 2 fewer company-owned outlets at the end of 2023 than it did at the beginning of the year. At the start of 2023, Cr3 American Exteriors had 5 company-owned outlets, but by the end of the year, it had only 3.
For a prospective franchisee, this information is useful for understanding the company's business model. A decrease in company-owned stores could indicate a strategic shift towards franchising, or it could reflect financial difficulties at the corporate level. It is important to note that these company-owned outlets are operated by Cr3 American Exteriors's affiliates, as described in Item 1 of the FDD.
Franchisees should inquire about the reasons for the decrease in company-owned stores to assess the potential impact on their own franchise operations. Understanding the relationship between company-owned stores and franchised locations can provide valuable insights into the overall health and direction of the Cr3 American Exteriors franchise system.