How many Deck Medic outlets were reacquired by the franchisor in Illinois during 2023?
Deck_Medic Franchise · 2024 FDDAnswer from 2024 FDD Document
S 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.
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 are two tables that provide conflicting information regarding reacquired outlets in Illinois. One table indicates that Deck Medic reacquired one outlet in Illinois during 2023. This table shows that at the start of 2023, there were 2 outlets, and at the end of the year, there were 3 outlets, with 1 outlet being reacquired by Deck Medic.
However, a second table indicates that Deck Medic reacquired zero outlets in Illinois during 2023. This table shows that at the start of 2023, there were 6 outlets, and at the end of the year, there were 5 outlets, with 1 outlet ceasing operations for other reasons.
Given the conflicting information within the FDD, it is important for potential franchisees to seek clarification from Deck Medic regarding the number of reacquired outlets and the reasons for outlet changes in Illinois during 2023. Understanding the reasons behind these changes can provide valuable insights into the health and stability of the franchise system in that state.