How many Azal Coffee franchised outlets were open at the start of 2023 in Michigan?
Azal_Coffee Franchise · 2024 FDDAnswer from 2024 FDD Document
| State | Year | Outlets at Start of Year | Outlets Opened | Outlets Reacquired from Franchisee | Outlets Closed | Outlets Sold to Franchisee | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|
| Michigan | 2021 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2022 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2023 | 0 | 0 | 0 | 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, there were no franchised outlets open in Michigan at the start of 2023. The provided table indicates that for the year 2023 in Michigan, the number of outlets at the start of the year was 0. Furthermore, the table shows that no outlets were opened, reacquired, closed, or sold to franchisees during 2023, resulting in 0 outlets at the end of the year.
This data suggests that Azal Coffee had not yet established any franchised presence in Michigan by the beginning of 2023. For a prospective franchisee, this could indicate an opportunity to be among the first to establish the brand in that market. However, it also means there is no existing franchise performance data available for the region, which could increase the risk.
It's important to note that while one company-owned outlet opened in 2023, this does not reflect franchised operations. A potential franchisee should carefully evaluate the market conditions and demand for Azal Coffee in Michigan, as well as the level of support and brand recognition they can expect from the franchisor in a new territory.