How many Deck Medic outlets were operating in Florida at the start of 2021?
Deck_Medic Franchise · 2024 FDDAnswer from 2024 FDD Document
| Outlets | Outlets | Outlets Sold | Outlets at | ||||
| at Start | Reacquired by | to | End | ||||
| of Year | Franchisor | Franchisee | of Year | ||||
| Florida | 2021 | 1 | 0 | 0 | 0 | 0 | 1 |
| 2022 | 1 | 0 | 0 | 0 | 0 | 1 | |
| 2023 | 1 | 0 | 0 | 1 | 0 | 0 | |
| Illinois | 2021 | 2 | 0 | 0 | 0 | 0 | 2 |
| 2022 | 2 | 0 | 0 | 0 | 0 | 2 | |
| 2023 | 2 | 0 | 1 | 0 | 0 | 3 | |
| Totals | 2021 | 3 | 0 | 0 | 0 | 0 | 3 |
| 2022 | 3 | 0 | 0 | 0 | 0 | 3 | |
| 2023 | 3 | 0 | 1 | 1 | 0 | 3 |
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 was 1 Deck Medic outlet operating in Florida at the start of 2021. The FDD provides a table that breaks down the number of outlets by state and year. This information is useful for prospective franchisees to understand the brand's presence and growth in specific geographic areas.
The table also shows that the number of Deck Medic outlets in Florida remained at 1 at the end of 2021 and 2022. However, by the end of 2023, the number of outlets in Florida decreased to 0, with 1 outlet being sold to a franchisee. This could indicate a change in the market or the franchisee's business decisions.
Reviewing the trends in outlet numbers can help potential franchisees assess the stability and potential of the Deck Medic franchise in Florida. It's important to consider the reasons behind any closures or changes in outlet ownership to make an informed investment decision. Further research into the local market conditions and discussions with current and former franchisees in Florida could provide additional insights.