How many Crawl Space Ninja franchises ceased operations in South Carolina during 2022?
Crawl_Space_Ninja Franchise · 2024 FDDAnswer from 2024 FDD Document
fers | |---|---|---| | Total | 2021 | 0 | | | 2022 | 0 | | | 2023 | 0 | Table No. 3 Status of Franchised Outlets For Years 2021 to 2023
| State | Year | Column 3 Outlets at Start of Year | Column 4 Outlets Opened | Terminations | Column 6 Non- renewals | Reacquired by Franchisor | Ceased Operations - Other Reasons | Column 9 Outlets at End of the Year |
|---|---|---|---|---|---|---|---|---|
| AL | 2021 | 1 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 49–51)
What This Means (2024 FDD)
According to the 2024 Crawl Space Ninja Franchise Disclosure Document, there were no Crawl Space Ninja franchises that ceased operations for other reasons in South Carolina during 2022. The table provided in Item 20 includes a column specifically for 'Ceased Operations - Other Reasons.'
The table shows that in 2022, there were two Crawl Space Ninja outlets operating in South Carolina. The number of outlets remained at two at the end of the year. There is no indication of any outlets ceasing operations for any reason during that year.
Prospective franchisees should note that 'Ceased Operations - Other Reasons' can include closures due to a variety of factors, such as poor performance, failure to comply with franchise agreement terms, or other unforeseen circumstances. Reviewing these figures over multiple years and across different states can provide insights into the stability and risks associated with the Crawl Space Ninja franchise.