What was the number of Cr3 American Exteriors outlets in Maryland at the end of 2024?
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' 2025 Franchise Disclosure Document, there was 1 outlet in Maryland at the end of 2024. The table provided in Item 20 of the FDD details the number of outlets at the start and end of each year, as well as any changes that occurred during the year. This information is broken down by state, allowing prospective franchisees to see the growth and stability of Cr3 American Exteriors in specific regions.
For a potential Cr3 American Exteriors franchisee, this data is valuable for assessing the brand's presence and performance in Maryland. The fact that the number of outlets remained constant at 1 from the start to the end of 2024 indicates stability, but also suggests limited growth in that specific year. This could be due to various factors, such as market saturation, economic conditions, or strategic decisions by the franchisor.
It's important to note that while the number of outlets remained the same, there was still activity, with 1 outlet opening in 2024. However, this was offset by another event, keeping the total number of outlets unchanged. A prospective franchisee should inquire about the reasons behind the lack of net growth in Maryland during 2024 to gain a better understanding of the market dynamics and potential opportunities or challenges in that area. Further research and conversations with existing franchisees in nearby states could also provide valuable insights.