table_specific

How many Dryer Vent Squad franchises were transferred in New Jersey during 2021?

Dryer_Vent_Squad Franchise · 2024 FDD

Answer from 2024 FDD Document

| 2023 | 28 | 46 | +18 |

TABLE NO. 2 TRANSFER OF OUTLETS FROM FRANCHISEES TO NEW OWNERS (OTHER THAN THE FRANCHISOR) FOR YEARS 2021 to 2023

| State | Year | Number of Transfers | |---|---|---| | | | | | New Jersey | 2021 | 1 | | | 2022 | 0 | | | 2023 | 0 | | Texas | 2021 | 1 | | | 2022 | 0 | | | 2023 | 0 | | Tennessee | 2021 | 1 | | | 2022 | 0 | ![](_page_46_Pict

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 was one franchise transferred in New Jersey during 2021, according to one table. However, another table indicates that there were four transfers in New Jersey during 2021.

This discrepancy could be due to different methods of tracking or defining transfers within the Dryer Vent Squad franchise system. It is important to note that the FDD contains multiple tables presenting similar but potentially distinct information regarding franchise transfers.

A prospective franchisee should seek clarification from Dryer Vent Squad regarding the definition and tracking of franchise transfers to understand the data presented in the Item 20 tables accurately. Understanding the reasons behind these transfers, such as franchisee retirement, performance issues, or other factors, is crucial for assessing the stability and health of the Dryer Vent Squad franchise system in New Jersey.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.
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