How many Dryer Vent Squad outlets were operating in Tennessee 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 zero operating outlets in Tennessee at the end of 2023. The provided table in Item 20 outlines the outlet information by state and year.
Specifically, for Tennessee in 2023, the table shows that there were 2 outlets at the start of the year, zero outlets opened during the year, and 2 terminations. This resulted in zero outlets operating at the end of 2023.
Prospective franchisees should note this significant decrease in operating outlets in Tennessee and inquire with Dryer Vent Squad about the reasons for the terminations and the overall market conditions in the state. Understanding the factors that led to these closures is crucial for assessing the potential risks and opportunities associated with investing in a Dryer Vent Squad franchise in Tennessee or similar markets.