In what year did the franchised Crawlspace Medic location in Atlanta commence operation?
Crawlspace_Medic Franchise · 2024 FDDAnswer from 2024 FDD Document
- The Charlotte location commenced operation in March 2016.
- The Greenville location commenced operation in April 2017.
- The Atlanta (Franchised) location commenced operation on January 2018.
- The Wilmington location commenced operation in November 2019.
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 38–40)
What This Means (2024 FDD)
According to Crawlspace Medic's 2024 Franchise Disclosure Document, the franchised location in Atlanta commenced operations in January 2018. This information is part of a larger section detailing the yearly performance of affiliate and franchised locations. The FDD specifies the operational start dates for several locations, providing prospective franchisees with insights into the history of Crawlspace Medic's expansion.
Knowing the commencement date of existing locations, like the Atlanta franchise, can help potential franchisees gauge the maturity and potential market penetration of the brand in different areas. It also allows them to compare the performance data of these established locations with their own projected performance, taking into account local market conditions and other relevant factors.
It's important to note that the FDD also includes a disclaimer that actual results may vary from outlet to outlet. This means that while the Atlanta location's commencement date provides a historical reference point, it does not guarantee similar outcomes for new franchises. Prospective franchisees should conduct their own due diligence and consider various factors, such as location, market demographics, and competition, when evaluating the potential success of a Crawlspace Medic franchise.