table_specific

How many Dryer Vent Squad outlets were operating in Texas at the end of 2023?

Dryer_Vent_Squad Franchise · 2024 FDD

Answer from 2024 FDD Document

2 | 31 | 0 | 3 | 0 | 0 | 0 | 28 | | | 2023 | 28 | 27 | 9 | 0 | 0 | 0 | 46 |

TABLE NO. 4 STATUS OF COMPANY OWNED OUTLETS FOR YEARS 2021 to 2023

State Year Outlets at Start of Year Outlets Opened Outlets Reacquired by Franchisor Outlets Closed Outlets Sold to Franchisee 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 5 outlets operating in Texas at the end of 2023. At the start of 2023, there were 4 outlets. During 2023, one new Dryer Vent Squad outlet opened in Texas. There were no outlets reacquired by the franchisor, closed, or sold to a franchisee during that year.

It is important to note the changes in outlet numbers year-over-year, as this can be an indicator of the brand's growth and stability in a particular region. A prospective franchisee should investigate the reasons behind outlet changes, such as closures or transfers, to better understand the market dynamics and potential challenges in that area. Reviewing the performance of existing Dryer Vent Squad locations in Texas, if possible, would provide further insights into the brand's acceptance and profitability in the state.

Franchise outlet data can fluctuate for various reasons, including market saturation, economic conditions, and franchisee performance. While the net increase of one outlet in Texas during 2023 suggests moderate growth, further analysis of the specific locations and their performance would be beneficial for a potential franchisee. This information, combined with an understanding of the local market conditions, can help in making an informed decision about investing in a Dryer Vent Squad franchise in Texas.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.