Question 1

How many Drybar franchise locations are there?

Accepted Answer

Drybar currently has 176 total units, including 176 franchised locations and 0 company-owned locations.

Question 2

Is the Drybar franchise system growing or shrinking?

Accepted Answer

Drybar has experienced positive net growth of +10.7% over the past year, with a 3-year compound annual growth rate (CAGR) of +5.7%.

Question 3

What is the franchise vs. company-owned ratio for Drybar?

Accepted Answer

Drybar has a franchise ratio of 100%, meaning 100% of all units are franchisee-owned. This is a heavily franchised system.

Question 4

How many Drybar franchise units have opened and closed recently?

Accepted Answer

In the most recent reporting year (2024), Drybar had 30 units opened and 13 units closed.