How many Dryer Vent Squad outlets in Arizona were operating at the end of 2021?
Dryer_Vent_Squad Franchise · 2024 FDDAnswer from 2024 FDD Document
| State | Year | Outlets at Start of Year | Outlets Opened | Terminations | Non Renewals | Reacquired by Franchisor | Ceased Operations for Other Reasons | Outlets at End of Year |
|---|---|---|---|---|---|---|---|---|
| Alabama | 2021 | 0 | 1 | 0 | 0 | 0 | 0 | 1 |
| 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| Arizona | 2021 | 0 | 1 | 0 | 0 | 0 | 0 | 1 |
| 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2023 | 1 | 3 | 0 | 0 | 0 | 0 | 4 |
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 1 outlet operating in Arizona at the end of 2021. The table provided in Item 20 of the FDD details the number of outlets at the start of the year, 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 for each state.
For a prospective franchisee, this information is crucial in understanding the growth and stability of Dryer Vent Squad in specific regions. Seeing the changes in outlet numbers year by year can provide insights into market saturation, the success rate of new franchises, and potential challenges in maintaining or growing a franchise in a particular state.
Specifically, the data shows that in Arizona, one Dryer Vent Squad outlet was opened in 2021, bringing the total to one by the end of the year. This suggests that Arizona was a relatively new market for Dryer Vent Squad at that time. The subsequent years, 2022 and 2023, show continued activity, with additional outlets opening, indicating potential growth opportunities in the state.