How many Dryer Vent Squad outlets were operating in Massachusetts at the end of 2022?
Dryer_Vent_Squad Franchise · 2024 FDDAnswer from 2024 FDD Document
| Massachusetts | 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 one outlet operating in Massachusetts at the end of 2022. The table provided in Item 20 of the FDD details the number of outlets at the start of the year, outlets opened, outlets reacquired by the franchisor, outlets closed, outlets sold to franchisee, and outlets at the end of the year for each state.
Specifically for Massachusetts, the table shows that at the start of 2022 there was one outlet. During 2022, no additional outlets were opened, reacquired, closed, or sold. Therefore, the number of Dryer Vent Squad outlets at the end of 2022 remained at one.
Prospective franchisees can use this information to understand the growth and presence of Dryer Vent Squad in specific states. Reviewing the changes in outlet numbers over the years can provide insights into market saturation, brand recognition, and the overall success of the franchise in different regions.