In what state was there a transfer of a Deck Medic outlet from a franchisee to a new owner in 2021?
Deck_Medic Franchise · 2024 FDDAnswer from 2024 FDD Document
| State | ||
|---|---|---|
| Year | ||
| Illinois | 2021 | 1 |
| 2022 | 0 | |
| 2023 | 0 | |
| North Carolina | 2021 | 0 |
| 2022 | 0 | |
| 2023 | 1 | |
| Total | 2021 | 1 |
| 2022 | 0 | |
| 2023 | 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 transfer of a Deck Medic outlet from a franchisee to a new owner in 2021. This transfer occurred in Illinois. The table provided in Item 20 of the FDD details the transfers of outlets from franchisees to new owners, specifying the state and year in which the transfer took place.
For a prospective Deck Medic franchisee, this information is relevant for understanding the stability and transferability of existing franchises. Knowing that a transfer occurred in Illinois in 2021 provides some insight into the potential for reselling a franchise, although it is a single data point and doesn't fully describe the market conditions or reasons for the transfer.
It is important to note that the table only covers transfers to new owners other than the franchisor. Transfers back to Deck Medic are not included in this particular table, but are listed in other tables. A prospective franchisee should investigate the reasons behind any transfers to fully understand the dynamics of the Deck Medic franchise system.