How many Deck Medic franchises in Ohio terminated in 2023?
Deck_Medic Franchise · 2024 FDDAnswer from 2024 FDD Document
| North Carolina | 2022 | 2 | 0 | 0 | 0 | 0 | 0 | 2 |
|---|---|---|---|---|---|---|---|---|
| 2023 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | |
| Ohio | 2021 | 0 | 1 | 0 | 0 | 0 | 0 | 1 |
| 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2023 | 1 | 0 | 1 | 0 | 0 | 0 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 39–42)
What This Means (2024 FDD)
According to Deck Medic's 2024 Franchise Disclosure Document, in 2023, one franchise in Ohio was terminated. The table provided outlines the status of franchised outlets for the years 2021 to 2023, showing changes in outlet numbers due to various reasons.
Specifically, for Ohio in 2023, the table shows one outlet at the start of the year, and zero outlets at the end of the year. The column 'Ceased Operations for Other Reasons' indicates one franchise terminated. This means that one Deck Medic franchise in Ohio ceased operations for reasons other than reacquisition by the franchisor, non-renewal, or transfer to a new owner.
Prospective franchisees should pay close attention to these figures as they provide insight into the stability and success rate of Deck Medic franchises in specific regions. Understanding the reasons behind terminations can help potential franchisees assess the risks and opportunities associated with investing in a Deck Medic franchise in a particular state.