How many Dryject outlets were operating in New Jersey at the start of 2024?
Dryject Franchise · 2025 FDDAnswer 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 |
|---|---|---|---|---|---|---|---|---|
| New Jersey | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
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 was one Dryject outlet operating in New Jersey at the start of 2024. The FDD provides a detailed table outlining the status of franchised outlets across various states, including New Jersey, for the years 2022, 2023, and 2024. This information is crucial for prospective franchisees to understand the existing market presence of Dryject in specific regions.
Specifically, the table shows that in 2022, there was one outlet at the start of the year, and it remained constant throughout the year. In 2023, there was still one outlet at the beginning and end of the year. The number of outlets in New Jersey remained consistent into 2024, with one outlet operating at the start and end of the year. This indicates a stable but not growing presence in the state during this period.
This data is valuable for potential franchisees as it offers insights into the market saturation and growth potential in New Jersey. A single outlet might suggest an opportunity for expansion within the state, but it could also indicate challenges or limitations specific to that market. It is important to note that the FDD only provides data up to the end of 2024, so more recent developments would need to be discussed directly with Dryject.
Prospective franchisees should further investigate the performance and characteristics of the existing New Jersey outlet to assess the viability of establishing a new Dryject franchise in that state. Understanding the reasons behind the lack of growth, whether due to market conditions or strategic decisions, is essential for making an informed investment decision.