What was the net change in the number of franchised Cr3 American Exteriors outlets during 2024?
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's 2025 Franchise Disclosure Document, the net change in the number of franchised outlets during 2024 was an increase of 6. At the beginning of 2024, there were 7 franchised outlets, and by the end of the year, the number had grown to 13. This indicates a positive growth trend for the franchise system.
For a prospective franchisee, this growth suggests that the Cr3 American Exteriors business model is gaining traction and acceptance among franchisees. A net increase in franchised outlets can be a positive sign, reflecting the potential for success and expansion within the system. However, it is important to investigate further to understand the reasons behind the growth and the performance of these new outlets.
It is also important to note that while the net change provides an overview, it does not reveal the complete picture of outlet activity. For example, the table does not indicate how many outlets may have opened and closed during the year, only the net difference. A prospective franchisee should also consider factors such as the number of terminations, non-renewals, and transfers to get a comprehensive understanding of the stability and health of the Cr3 American Exteriors franchise system.