What was the total number of Deer Solution outlets 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, the total number of outlets at the start of 2023 was 3. This number includes both franchised and company-owned outlets. By the end of 2023, the total number of Deer Solution outlets had increased to 5.
Specifically, the FDD indicates that at the start of 2023, there were 2 franchised outlets and 1 company-owned outlet. Throughout 2023, 2 new franchised outlets were opened, while the number of company-owned outlets remained constant. This growth in franchised locations contributed to the net increase of 2 outlets during the year.
Prospective franchisees can use this information to understand the growth trajectory of Deer Solution. The increase in total outlets from 3 to 5 during 2023 suggests a positive trend in the expansion of the franchise system. However, it's important to note that past performance is not necessarily indicative of future results, and potential franchisees should conduct their own due diligence to assess the viability of the franchise opportunity.