How many Crawlspace Medic outlets were sold to franchisees in Kentucky during 2023?
Crawlspace_Medic Franchise · 2024 FDDAnswer from 2024 FDD Document
| 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 |
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 zero outlets sold to franchisees in Kentucky during 2023. The provided table in Item 20 outlines the number of outlets at the start of the year, outlets opened, reacquired, closed, and sold to franchisees, as well as the number of outlets at the end of the year for Kentucky.
The table shows that for Kentucky in 2023, there was 1 outlet at the start of the year, no outlets opened, reacquired, or closed, and crucially, no outlets sold to franchisees. This resulted in 1 outlet at the end of 2023.
This information is valuable for potential Crawlspace Medic franchisees as it provides insight into the franchise's growth and transfer activity in specific states. A lack of sales to franchisees could indicate stability within the existing franchise network or a lack of interest from potential new franchisees.