How many Crawlspace Medic outlets were operating in South Carolina at the end of 2022?
Crawlspace_Medic Franchise · 2024 FDDAnswer from 2024 FDD Document
| | | | | | Operation | | | Table No. 4
Status of Company Owned* Outlets For Years 2021 to 2023
| 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 |
| 2022 | 1 | 0 | 0 | 0 | 0 | 1 | |
| 2023 | 1 | 0 | 0 | 0 | 0 | 1 | |
| NC | 2021 | 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 2 outlets operating in South Carolina at the end of 2022. The table provided in Item 20 of the FDD outlines the number of outlets opened, reacquired, closed, and sold in each state from 2021 to 2023. This information is useful for prospective franchisees to understand the growth and changes in the number of Crawlspace Medic outlets over the past few years.
Specifically, the data shows that in 2021, there was 1 Crawlspace Medic outlet in South Carolina. In 2022, no additional outlets were opened, but 1 outlet was reacquired from franchisees, resulting in a total of 2 outlets at the end of the year. In 2023, the number of outlets remained at 2, with no additional openings, re acquisitions, closures, or sales.
This historical data can help potential franchisees assess the stability and growth of the Crawlspace Medic franchise system in South Carolina. It is important to note that past performance does not guarantee future results, and prospective franchisees should conduct their own due diligence to evaluate the potential risks and opportunities associated with investing in a Crawlspace Medic franchise.