table_specific

What was the total number of Deck Medic franchises that ceased operations for other reasons in 2023?

Deck_Medic Franchise · 2024 FDD

Answer from 2024 FDD Document

NED OUTLETS FOR YEARS 2021 to 2023**

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
2023 1 0 0 0 0 0 1
Missouri 2021 1 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, in 2023, zero franchises ceased operations for 'other reasons.'

Specifically, the table provides a breakdown of outlet status by state for the years 2021, 2022, and 2023. Under the column 'Ceased Operations for Other Reasons,' the figures for Illinois, Indiana, and Missouri in 2023 are all zero. This indicates that no Deck Medic franchises in these states closed for reasons other than reacquisition by the franchisor during that year.

It is important to note that this data only reflects the states of Illinois, Indiana, and Missouri. The document does not provide a comprehensive system-wide number of franchises that ceased operations for other reasons in 2023. To get a complete picture, a prospective franchisee should inquire about the total number of closures across all states from Deck Medic.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.