How many Crawlspace Medic outlets were operating in Tennessee at the start 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 | |
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 was one Crawlspace Medic outlet operating in Tennessee at the start of 2022. This information is based on the table provided in Item 20, which details the number of outlets at the start of each year for various states.
Specifically, the table shows that in 2021, there were no Crawlspace Medic outlets in Tennessee at the start of the year, but one outlet opened during the year, resulting in one outlet at the end of 2021. Therefore, at the beginning of 2022, Tennessee had one operational Crawlspace Medic outlet. No additional outlets opened, closed, or were sold in 2022, so the number remained at one for the end of 2022 as well.
This type of data is essential for prospective franchisees as it provides a clear picture of the brand's growth and presence in specific geographic areas. Reviewing the historical data helps potential franchisees understand the saturation and market penetration of Crawlspace Medic in Tennessee and other states. It also allows them to assess the potential for further expansion and the competitive landscape they might encounter.