What is the trend in the number of total Cr3 American Exteriors outlets from 2022 to 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 total number of outlets has increased from 2022 to 2024. In 2022, Cr3 American Exteriors had a total of 5 outlets. This number increased to 10 in 2023, and further increased to 17 in 2024. This represents a net increase of 5 outlets from 2022 to 2023, and a net increase of 7 outlets from 2023 to 2024.
Specifically, the increase in total outlets is due to the opening of franchised locations. In 2022, there were zero franchised outlets. By the end of 2023, there were 7 franchised locations, and by the end of 2024, the number of franchised locations increased to 13. The number of company-owned outlets decreased from 5 in 2022 to 4 in 2024.
For a prospective franchisee, this indicates that Cr3 American Exteriors is expanding its franchise system. The growth in franchised outlets suggests that the franchise model is gaining traction and that franchisees are finding success with the brand. However, the decrease in company-owned outlets could be a point of inquiry for potential franchisees to understand the company's strategy and focus.