In what year did Crawlspace Medic open its first outlet in Kentucky?
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, the first outlet in Kentucky opened in 2021. The table provided shows the status of company-owned outlets from 2021 to 2023. In 2021, there were zero outlets at the start of the year, and one outlet opened, resulting in one outlet at the end of the year.
In 2022 and 2023, there were no additional outlets opened, so the number of outlets remained at one for both years. This indicates that the initial opening in 2021 was the first for Crawlspace Medic in Kentucky, based on the data provided.
Prospective franchisees can use this information to understand the growth and establishment of Crawlspace Medic in specific states. It's important to note that this table specifically refers to company-owned outlets, and further investigation may be needed to determine if there were any franchised locations that opened in Kentucky during the same period or earlier.