When did the Crawlspace Medic location in Charlotte commence operation?
Crawlspace_Medic Franchise · 2024 FDDAnswer from 2024 FDD Document
- The Charlotte location commenced operation in March 2016.
- The Greenville location commenced operation in April 2017.
- The Atlanta (Franchised) location commenced operation on January 2018.
- The Wilmington location commenced operation in November 2019.
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 38–40)
What This Means (2024 FDD)
According to Crawlspace Medic's 2024 Franchise Disclosure Document, the Charlotte, North Carolina location commenced operation in March 2016. This information is part of a larger section detailing the operational start dates of various corporate-owned locations.
Understanding the commencement dates of existing locations can be helpful for prospective franchisees. It provides a sense of how long Crawlspace Medic has been operating in different markets, which can be an indicator of brand establishment and market penetration. Newer locations might represent growth opportunities, while older locations could offer insights into long-term performance and market saturation.
It is important to note that the FDD mentions that the financial performance representations are based on the performance of affiliate and franchised locations. While the commencement date provides a historical context, prospective franchisees should also consider other factors, such as market demographics, competition, and local economic conditions, when evaluating the potential of a Crawlspace Medic franchise in their desired area.