How many Deck Medic outlets were operating in Indiana at the start of 2021?
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 start of 2021. The table provided in Item 20 outlines the number of outlets at the start of the year, any changes during the year, and the number of outlets at the end of the year for various states. This information is crucial for prospective franchisees as it provides a snapshot of Deck Medic's existing market presence in specific regions.
For a potential Deck Medic franchisee in Indiana, knowing there was only one outlet in 2021 provides context for the market's maturity. It could indicate an opportunity for growth and expansion within the state. However, it is important to investigate further why the number of outlets has remained constant, as the table also shows that there was still only one outlet in Indiana at the end of 2023.
Understanding the historical growth and stability of Deck Medic outlets in specific states helps franchisees assess potential market saturation and competition. This data, combined with other market research, can inform a franchisee's decision-making process and business strategy. It is important to note that past performance does not guarantee future success, but it offers valuable insights into the brand's development and regional performance.