What was the net increase in the total number of Dryject franchises and licensees, both in the United States and internationally, during the period from January 1, 2023, to December 31, 2023?
Dryject Franchise · 2025 FDDAnswer from 2025 FDD Document
| January 1, 2023 | Additions | D | rops | December 31, 2023 | |
|---|---|---|---|---|---|
| United States - | 27 | 2 | ( | 1) | 28 |
| Franchises | |||||
| International - | 9_ | 1 | ( | 1) | 9 |
| Franchises & licensees | |||||
| Total | 36 | 3 | ( | 2) | 37 |
Source: Item 8 — BUSINESS RELATIONSHIP (FDD pages 68–229)
What This Means (2025 FDD)
According to Dryject's 2025 Franchise Disclosure Document, the total number of franchise and licensee locations, both in the United States and internationally, increased by one during 2023. Specifically, the number of franchise locations in the United States increased from 27 on January 1, 2023, to 28 by December 31, 2023. The number of international franchises and licensees remained steady at 9 locations. Therefore, the total number of Dryject locations increased from 36 to 37 during 2023.
For a prospective franchisee, this indicates a modest growth in the Dryject system during 2023. While the U.S. saw a small increase, the international market remained unchanged. This information is crucial for understanding the brand's expansion trajectory and market penetration in different regions.
It's important to note that while there was an addition of 2 franchises in the United States, there was also a drop of 1 franchise. Similarly, in the international market, there was an addition of 1 franchise/licensee but also a drop of 1. These figures provide a more nuanced picture of franchise activity, highlighting both growth and attrition within the Dryject system. Understanding these dynamics can help a potential franchisee assess the stability and attractiveness of the Dryject franchise opportunity.