In what month and year did the Deer Solution company-owned outlet commence operations?
Deer_Solution Franchise · 2025 FDDAnswer from 2025 FDD Document
We have one Company Owned Outlet with an office based in Fairfield, New Jersey. Our Company Owned Outlet commenced operations in June 1981 and operates within an Operating Territory that, in total, includes approximately 423,743 Targeted Households, which is the equivalent of 10 Territories. In the table below we provide a summary of the 10 Territories comprising the Operating Territory of our Company Owned Outlet.
Material financial and operational characteristics that are reasonably anticipated to differ from future operational franchise outlets include: (a) managerial skill and efficiency experienced by our Company Owned Outlet as a result of our extensively experienced management team; (b) brand recognition within the local markets in which our Company Owned Outlet operates; and (c) no obligation to pay ongoing fees that a franchisee will pay to us, such as Royalty Fees and Brand Development Fund Fees.
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 45–52)
What This Means (2025 FDD)
According to Deer Solution's 2025 Franchise Disclosure Document, the company-owned outlet, with its office based in Fairfield, New Jersey, began operations in June 1981. The company-owned outlet operates within an Operating Territory that includes approximately 423,743 Targeted Households, which is the equivalent of 10 Territories.
The FDD specifies that the financial information provided is based on data reported to them by their affiliate for the Company Owned Outlet and by franchisees for the Operational Franchise Outlets. This data has not been audited and is based on historical financial data rather than being a forecast or projection of future financial performance.
Prospective franchisees should note that the FDD highlights several material differences between the company-owned outlet and future franchise outlets. These include the managerial skill and efficiency of the company's experienced management team, brand recognition in the local markets where the company-owned outlet operates, and the absence of ongoing fees (such as Royalty Fees and Brand Development Fund Fees) that franchisees are required to pay. These factors could impact the financial performance of franchise outlets compared to the company-owned outlet.