According to Dryer Vent Squad's 2024 Franchise Disclosure Document, there were 7 outlets operating in New Jersey at the end of 2023. The table provided in Item 20 outlines the outlet summary for 2021, 2022 and 2023. In 2023, New Jersey had 4 outlets at the start of the year, opened 5 new outlets, and reacquired 2 outlets. This brought the total to 7 outlets at the end of the year.

For a prospective franchisee, this data indicates the growth and activity of Dryer Vent Squad in New Jersey. The opening of 5 new outlets in 2023 suggests a growing market and demand for Dryer Vent Squad's services in the state. The reacquisition of 2 outlets by the franchisor could be due to various reasons, such as franchisee non-compliance or strategic decisions by the company.

It's important for potential franchisees to further investigate the reasons behind outlet re acquisitions and closures to fully understand the dynamics of the New Jersey market. Understanding the factors that contribute to successful and unsuccessful outlets can help franchisees make informed decisions and mitigate potential risks. This information, combined with other factors like local competition and market demographics, can provide a comprehensive view of the franchise opportunity in New Jersey.