How many Deck Medic outlets were operating in Illinois at the start of 2021?
Deck_Medic Franchise · 2024 FDDAnswer from 2024 FDD Document
0 | 2 | 0 | 1 | 0 | 8 |
TABLE NO. 4 STATUS OF COMPANY OWNED OUTLETS FOR YEARS 2021 to 2023
| | | | | | | | | |---|---|---|---|---|---|---|---| | | | | | | | | | | | | 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 | [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]
TABLE NO. 5 PROJECTED OPENINGS AS OF DECEMBER 31, 2023
| State | Franchise Agreement Signed but Outlet Not Opened | Projected New Franchised Outlet in the Next Fiscal Year | Projected New Company Owned Outlets in the Next Fiscal Year |
|---|---|---|---|
| Illinois | 0 | 3 | 0 |
| Idaho | 0 | 1 | 0 |
| TOTAL | 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, there were multiple, conflicting reports regarding the number of outlets operating in Illinois at the start of 2021. One table indicates that there were 5 Deck Medic outlets in Illinois at the beginning of 2021. However, another table states that there were 2 Deck Medic outlets in Illinois at the start of 2021. A third table shows 1 Deck Medic outlet in Illinois at the start of 2021.
These discrepancies could be due to different reporting methods, franchise classifications, or even simple errors in data entry. It is important to note that Item 20 of the FDD is intended to provide prospective franchisees with a clear picture of the franchise system's growth and stability. Contradictory information can make it difficult to assess the true state of the franchise in a particular region.
A prospective Deck Medic franchisee should seek clarification from the franchisor regarding these discrepancies. Understanding the reasons behind these differing numbers is crucial for making an informed investment decision. Further investigation may involve speaking with current and former franchisees in Illinois to gain a more accurate understanding of the market and the franchise's performance in that state.