What was the net change in the total number of Cr3 American Exteriors outlets during 2023?
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 total number of outlets during 2023 was an increase of 5. This is calculated from a starting point of 5 total outlets at the beginning of the year, which increased to 10 by the end of 2023.
Specifically, the FDD breaks down the changes into franchised and company-owned outlets. For franchised outlets, the net change was an increase of 7, growing from 0 at the start of 2023 to 7 by the end of the year. Conversely, company-owned outlets experienced a net decrease of 2, declining from 5 at the beginning of 2023 to 3 by the year's end.
Therefore, while the total number of Cr3 American Exteriors outlets increased, this growth was entirely due to the addition of franchised locations, while the number of company-owned locations decreased. This information is valuable for potential franchisees as it provides insight into the growth strategy and the relative importance of franchised versus company-owned locations within the Cr3 American Exteriors system.