How many Dq Treat outlets opened in New Mexico during 2023?
Dq_Treat Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets at Start of Year | Outlets Opened | Termi- nations | Non- Renewals | Reacquired by Franchisor | Ceased Operations - Other Reasons | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|---|
| New Mexico | 2022 2023 2024 | 5 5 6 | 1 | 5 6 6 |
Source: Item 20 — UItem 20U***:** U**Outlets and Franchisee Information (FDD pages 56–67)
What This Means (2025 FDD)
According to Dq Treat's 2025 Franchise Disclosure Document, there was one Dq Treat outlet opened in New Mexico during 2023. The table provided in Item 20 outlines the status of franchised outlets for the years 2022 to 2024. It includes details such as the number of outlets at the start of the year, the number of outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, outlets that ceased operations for other reasons, and the number of outlets at the end of the year.
Specifically, for New Mexico, the table shows the progression of Dq Treat outlets over the three-year period. In 2022, there were 5 outlets at the start of the year, and 1 outlet opened, resulting in 5 outlets at the end of the year. In 2023, there were 5 outlets at the start of the year, and the table indicates that 1 outlet opened, bringing the total to 6 outlets at the end of the year. For 2024, there were 6 outlets at the start of the year, with no additional outlets opened, so there were 6 outlets at the end of the year.
This information is valuable for prospective franchisees as it provides a clear picture of the brand's growth and stability in New Mexico. The data suggests a modest expansion in 2023, which could be seen as a positive sign for the brand's potential in the state. However, it's important to consider other factors such as market conditions, competition, and local economic trends when evaluating the franchise opportunity.