How many Deck Medic outlets were operating in Indiana at the end of 2022?
Deck_Medic Franchise · 2024 FDDAnswer 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 |
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 one Deck Medic outlet operating in Indiana at the end of 2022. The provided table tracks the number of outlets from 2021 to 2023. In 2021, there was one outlet in Indiana. There were no openings, closures, or re acquisitions by the franchisor during 2022, so the number of outlets remained constant. The table shows that the number of Deck Medic outlets in Indiana remained at one through 2023.
This information is useful for prospective franchisees as it provides insight into Deck Medic's presence and stability in Indiana. A single outlet might indicate a relatively untapped market with potential for growth, or it could suggest challenges specific to that region. Further investigation would be needed to understand the market dynamics in Indiana.
It is important to note that this data only reflects the number of outlets and does not provide information on their financial performance or customer satisfaction. A prospective franchisee should conduct thorough due diligence, including speaking with existing franchisees in Indiana and other states, to gain a comprehensive understanding of the Deck Medic franchise opportunity.