What was the net change in the total number of 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 total number of outlets during 2024 was +7. This means that the total number of Cr3 American Exteriors outlets increased by 7 during that year. At the start of 2024, there were 10 total outlets, and by the end of the year, there were 17.
Specifically, the franchised outlets experienced a net change of +6, increasing from 7 at the start of 2024 to 13 by the end of the year. Company-owned outlets saw a net change of +1, increasing from 3 at the start of 2024 to 4 by the end of the year.
For a prospective franchisee, this indicates a growing franchise system. The increase in both franchised and company-owned outlets suggests that Cr3 American Exteriors is expanding its presence. This growth could be a positive sign, indicating the brand's increasing market penetration and potential for success. However, it is important for potential franchisees to investigate the reasons behind the growth and ensure that it is sustainable and well-managed.