Does the table require any specific actions from Dryject franchisees based on the data for 2024 and 2023?
Dryject Franchise · 2025 FDDAnswer from 2025 FDD Document
Note 1 - Summary of Significant Accounting Policies -
Nature of Operations - The Company, organized in Delaware, operates in Pennsylvania. The Company sells franchises and patented machinery used in a unique soil aeration service. Franchisees and licensees as of December 31, 2024 are reflected in the table below. During 2024, there were no franchisees that were transferred. The number of franchisees in the United States reported on the financial statement as of December 31, 2023 was 28. After the report date, it was discovered it was in error. The correct number of franchisees as of January 1, 2024 was 29.
Source: Item 8 — BUSINESS RELATIONSHIP (FDD pages 68–229)
What This Means (2025 FDD)
According to Dryject's 2025 Franchise Disclosure Document, the provided excerpts do not contain a table that outlines specific actions required of franchisees based on data from 2024 and 2023. The document does mention the number of franchisees as of December 31, 2024, and provides a corrected number of franchisees as of January 1, 2024, but it does not specify any required actions related to this data.
While the excerpts discuss various aspects of the franchise relationship, such as the franchisor's services, restrictions on advertising, and requirements for maintaining brand standards, these sections do not tie specific franchisee actions to the franchise data from 2023 or 2024. The document outlines Dryject's responsibilities, such as providing training and maintaining the Dryject Internet Website, and the franchisee's obligations, such as adhering to brand communication standards and obtaining approval for alterations to equipment or techniques.
To determine if there are any required actions based on the 2023 and 2024 data, a prospective franchisee should ask Dryject directly about any performance benchmarks, reporting requirements, or other obligations tied to the number of franchisees, overall system performance, or other metrics from those years. This information would clarify whether franchisees need to take any specific steps in response to the company's performance or growth during those periods.