table_specific

How many company-owned Azal Coffee outlets were closed in 2021?

Azal_Coffee Franchise · 2024 FDD

Answer from 2024 FDD Document

e No. 1 Systemwide Outlet Summary For Years 2021 to 2023**

Outlet Type Year Outlets at the Start of the Year Outlets at the End of the Year Net Change
Franchised 2021 0 0 0
2022 0 0 0
2023 0 0 0

Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 48–50)

What This Means (2024 FDD)

According to Azal Coffee's 2024 Franchise Disclosure Document, in 2021, there were no company-owned outlets closed. Table No. 4, which details the status of company-owned outlets from 2021 to 2023, indicates that at the start of 2021, Azal Coffee had zero company-owned outlets. By the end of 2021, the number remained at zero, with a net change of zero.

This suggests that Azal Coffee did not have any company-owned operations during that period. The table provides a clear overview of the company-owned outlets' status, showing no openings or closures for the specified year.

For a potential franchisee, this information is crucial as it reflects the operational history of Azal Coffee. The absence of company-owned stores in 2021 indicates that the franchise system may have been primarily focused on franchising or was in its early stages of development. It is important to note that while there were no company-owned stores in 2021, by 2023, Azal Coffee had one company-owned outlet.

Disclaimer: This information is extracted from the 2024 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.