table_specific

How many Deck Medic outlets in Missouri ceased operations for other reasons during 2021?

Deck_Medic Franchise · 2024 FDD

Answer from 2024 FDD Document

Ceased
Outlets Reacquired Operations Outlets
at Start by for Other at End
of Year Franchisor Reasons of Year
Illinois 2021 5 1 0 0 0 0 6
2022 6 0 0 0 0 0 6
2023 6 0 0 0 1 0 5
Indiana 2021 1 0 0 0 0 0 1
2022 1 0 0 0 0 0 1
2023 1 0 0 0 0 0 1
Missouri 2021 1 0 0 0 0 1 0
2022 0 0 0 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, one Deck Medic outlet in Missouri ceased operations for other reasons during 2021. The table provided in Item 20 outlines the status of outlets, including those that ceased operations for various reasons. At the start of 2021, there was one Deck Medic outlet in Missouri. By the end of 2021, that outlet had ceased operations for other reasons, resulting in zero outlets remaining in the state.

This information is crucial for prospective franchisees as it provides insight into the stability and potential risks associated with operating a Deck Medic franchise in Missouri. Understanding the reasons behind outlet closures can help franchisees make informed decisions and assess the level of support and market conditions in that specific state. It's important to note that 'other reasons' for closure can encompass a variety of factors, such as financial difficulties, market saturation, or other unforeseen circumstances.

For further clarification, a potential franchisee should inquire with Deck Medic about the specific reasons for the Missouri outlet closure in 2021. This would provide a more detailed understanding of the challenges faced and whether those challenges are still relevant today. Additionally, it would be beneficial to investigate the performance of other Deck Medic franchises in neighboring states to gauge the overall viability of the business model in the region.

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.