In 2021, what was the total number of Crawlspace Medic franchises that were company-owned?
Crawlspace_Medic Franchise · 2024 FDDAnswer from 2024 FDD Document
TS AND FRANCHISEE INFORMATION**
Table No. 1
System-wide Outlet Summary For Years 2021 to 2023
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Chan
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, at the start of 2021, there were 2 company-owned outlets. Throughout 2021, 4 company-owned outlets were added, bringing the total to 6 company-owned outlets by the end of 2021.
For a prospective franchisee, this data indicates the level of involvement Crawlspace Medic has in operating its own locations. Company-owned stores can serve as models for franchisees and provide insights into the franchisor's operational strategies. The growth in company-owned stores during 2021 suggests a strategic interest in expanding the brand's corporate presence.
It is important to note that these company-owned stores are operated by affiliated entities, as indicated in the FDD. This distinction may have implications for how these stores are managed and integrated into the overall franchise system. Franchisees should inquire about the relationship between Crawlspace Medic and these affiliated entities to understand any potential impact on their own franchise operations.