How many Dryer Vent Squad outlets were operating in Pennsylvania at the end of 2023?
Dryer_Vent_Squad Franchise · 2024 FDDAnswer from 2024 FDD Document
2022 | 0 | | | 2023 | 0 | [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]
TABLE NO. 3 STATUS OF FRANCHISED OWNED OUTLETS FOR YEARS 2019 to 2021
| 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 |
|---|---|---|---|---|---|---|---|---|
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 2 Dryer Vent Squad outlets operating in Pennsylvania at the end of 2023. The table provided in Item 20 of the FDD details the number of outlets at the start of the year, outlets opened, and outlets at the end of the year for each state.
Specifically, for Pennsylvania in 2023, the table shows 2 outlets at the start of the year, 0 outlets opened during the year, and 2 outlets at the end of the year. This indicates that no new Dryer Vent Squad franchises opened or closed in Pennsylvania during 2023, maintaining the same number of operational units throughout the year.
Prospective franchisees can use this information to understand the existing market presence of Dryer Vent Squad in Pennsylvania. It's important to note that while the number of outlets remained constant in 2023, this doesn't necessarily reflect market saturation or potential for growth. Further research and discussions with the franchisor would be beneficial to assess the specific market dynamics and opportunities in Pennsylvania.