How many franchised Dryer Vent Squad outlets were operating at the start of 2021?
Dryer_Vent_Squad Franchise · 2024 FDDAnswer from 2024 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| Franchised | 2021 | 13 | 31 | +18 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 47–50)
What This Means (2024 FDD)
According to Dryer Vent Squad's 2024 Franchise Disclosure Document, there were 13 franchised outlets operating at the beginning of 2021. This number increased to 31 by the end of 2021, representing a net change of +18 outlets during that year.
For a prospective franchisee, this indicates the size and growth trajectory of the Dryer Vent Squad franchise system. Knowing the number of outlets at the beginning of the year provides a baseline understanding of the franchise's established presence. The net change during the year demonstrates the rate at which the franchise is expanding.
It's important to note that while the total number of franchised outlets increased, individual state performance can vary. A prospective franchisee should review the state-by-state breakdown in the FDD to understand the performance and growth in their specific target market. This information can help in assessing the potential for success in their chosen territory.