table_specific

How many Dryject outlets ceased operations for other reasons in Minnesota during 2024?

Dryject Franchise · 2025 FDD

Answer from 2025 FDD Document

Col. 1 State Col. 2 Year Col. 3 Outlets at Start of the Year Col. 4 Outlets Opened Col. 5 Terminations Col. 6 Non- Renewals Col. 7 Reacquired By Franchisor Col. 8 Ceased Operations – Other Reasons Col. 9 Outlets at the End of the Year
Minnesota 2022 1 0 0 0 0 0 1
2023 1 0 0 0 0 0 1
2024 1 0 1 0 0 0 0

Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 42–49)

What This Means (2025 FDD)

According to Dryject's 2025 Franchise Disclosure Document, there were zero Dryject outlets in Minnesota that ceased operations for 'other reasons' during 2024. The provided table in Item 20 outlines the status of franchised outlets from 2022 to 2024, detailing openings, terminations, non-renewals, re acquisitions, and instances of ceased operations.

Specifically, for Minnesota in 2024, the table indicates 1 termination, and zero outlets that ceased operations for other reasons. This means that while one Dryject franchise agreement was terminated in Minnesota during that year, no outlets closed due to circumstances outside of termination, non-renewal, or reacquisition by the franchisor.

Prospective franchisees should pay close attention to the 'ceased operations – other reasons' column when reviewing Item 20 data across different states and years. A high number in this column could indicate underlying issues with the Dryject business model or market conditions in those areas. It is also important to note the distinction between a 'termination' and 'ceased operations', as these represent different circumstances for outlet closures.

Disclaimer: This information is extracted from the 2025 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.