How many Crawlspace Medic company-owned outlets were operating at the start of 2023?
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 Change |
|---|---|---|---|---|
| Franchised | 2021 | 7 |
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 2023, there were 7 company-owned outlets. Throughout 2023, there was no net change in the number of company-owned stores, meaning that by the end of 2023, Crawlspace Medic still had 7 company-owned outlets.
For a prospective franchisee, this indicates the scale of corporate operations against which franchise performance can be benchmarked. It also provides insight into the franchisor's direct involvement in the Crawlspace Medic business model.
Monitoring the number of company-owned stores and their performance can offer valuable insights into the strategic direction of Crawlspace Medic. A consistent number might suggest stability, while growth or decline could signal shifts in the company's operational focus.