In 2021, how many company-owned Crawlspace Medic outlets were reacquired from franchisees in Kentucky?
Crawlspace_Medic Franchise · 2024 FDDAnswer from 2024 FDD Document
| Col. 1 State | Col. 2 Year | Col. 3 Outlets at Start of Year | Col. 4 Outlets Opene d | Col. 5 Outlets Reacquire d from Franchise es | Col. 6 Outlets Closed | Col. 7 Outlets Sold to Franchise es | Col. 8 Outlets at End of the Year |
|---|---|---|---|---|---|---|---|
| KY | 2021 | 0 | 1 | 0 | 0 | 0 | 1 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 40–42)
What This Means (2024 FDD)
According to Crawlspace Medic's 2024 Franchise Disclosure Document, there were no Crawlspace Medic outlets reacquired from franchisees in Kentucky during 2021. The FDD provides data on outlet activity by state and year. Specifically, for Kentucky in 2021, the data shows 0 outlets reacquired from franchisees.
This information is relevant for prospective franchisees as it provides insight into the stability and performance of existing Crawlspace Medic franchises. Reacquisitions can sometimes indicate underperforming locations or disputes between the franchisor and franchisee, so a low number, or in this case zero, may be seen as a positive sign.
It's important to note that this data only reflects reacquired outlets and doesn't account for other potential issues such as franchise terminations or non-renewals. Reviewing this table in its entirety, along with other sections of the FDD, can help a potential franchisee assess the overall health and growth of the Crawlspace Medic franchise system.