How many franchised Deer Solution outlets were operating at the start of 2023?
Deer_Solution Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| 2022 | 0 | 2 | +2 | |
| Franchised | 2023 | 2 | 4 | +2 |
| 2024 | 4 | 3 | -1 | |
| 2022 | 1 | 1 | 0 | |
| Company | 2023 | 1 | 1 | 0 |
| Owned | 2024 | 1 | 3 | +2 |
| 2022 | 1 | 3 | +2 | |
| Total Outlets | 2023 | 3 | 5 | +2 |
| 2024 | 5 | 6 | +1 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 52–54)
What This Means (2025 FDD)
According to Deer Solution's 2025 Franchise Disclosure Document, there were 2 franchised outlets operating at the start of 2023. By the end of 2023, the number of franchised outlets increased to 4, representing a net change of +2 during the year. This indicates that Deer Solution experienced growth in its franchise network during that period.
For a prospective franchisee, this information provides insight into the growth trajectory of Deer Solution's franchise system. The increase in franchised outlets suggests that the franchise model is gaining traction and attracting new franchisees. However, it's important to note that past performance is not necessarily indicative of future results, and prospective franchisees should conduct their own due diligence to assess the potential risks and rewards of investing in a Deer Solution franchise.
It is also important to consider the performance of company-owned outlets alongside franchised outlets. The FDD indicates that there was 1 company-owned outlet at the start and end of 2023, with no net change. This suggests that Deer Solution may be focusing more on expanding through franchising rather than company-owned operations. A prospective franchisee may want to inquire about the franchisor's strategy for supporting and growing both types of outlets.
Overall, the data on outlet growth provides valuable information for prospective Deer Solution franchisees to evaluate the franchise opportunity. By analyzing the trends in franchised and company-owned outlets, as well as the factors driving outlet growth, prospective franchisees can make a more informed decision about whether to invest in a Deer Solution franchise.