table_specific

How many Deck Medic franchises in Tennessee were reacquired by the franchisor in 2023?

Deck_Medic Franchise · 2024 FDD

Answer from 2024 FDD Document

State Year Outlets Opened
Tennessee 2021 1
2022 1
2023 1

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, there were no franchises in Tennessee reacquired by the franchisor in 2023. The table provided in Item 20 includes information about the status of franchised outlets for the years 2021 to 2023. For Tennessee, the table shows one outlet at the start of 2023, zero outlets reacquired by the franchisor, one outlet that ceased operations for other reasons, and zero outlets at the end of the year.

This data indicates that while one Deck Medic franchise in Tennessee ceased operations in 2023, it was not due to reacquisition by the franchisor. Instead, the franchise ceased operations for other unspecified reasons. This distinction is important for prospective franchisees to understand, as reacquisitions may imply different circumstances than other types of closures.

Prospective franchisees should investigate the reasons for franchise terminations and closures to better understand the health and stability of the Deck Medic franchise system. Understanding why outlets close, whether through reacquisition, termination, or other reasons, can provide valuable insights into potential challenges and opportunities within the franchise.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.