What was the total number of Crawlspace Medic outlets at the end of 2022?
Crawlspace_Medic Franchise · 2024 FDDAnswer from 2024 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| Franchised | 2021 | 7 | 10 | +3 |
| 2022 | 10 | 14 | +4 | |
| 2023 | 14 | 14 | 0 | |
| Company – | 2021 | 2 | 6 | +4 |
| Owned* | ||||
| 2022 | 6 | 7 | +1 | |
| 2023 | 7 | 7 | 0 | |
| Total | 2021 | 9 | 16 | +7 |
| Outlets | ||||
| 2022 | 16 | 24 | +5 | |
| 2023 | 24 | 24 | 0 |
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 end of 2022, there were a total of 24 Crawlspace Medic outlets. This number includes both franchised and company-owned outlets.
Specifically, the FDD indicates that there were 14 franchised outlets and 7 company-owned outlets at the close of 2022. Additionally, the document states that there was a net change of +5 outlets during 2022, bringing the total from 16 at the start of the year to 24 by year's end.
This information is valuable for potential franchisees as it provides a snapshot of the brand's growth and presence in the market. Reviewing the historical data on outlet numbers can help assess the stability and expansion rate of Crawlspace Medic.