How many Azal Coffee outlets were open at the end of 2023 in total?
Azal_Coffee Franchise · 2024 FDDAnswer from 2024 FDD Document
| 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 | |
| Company | 2021 | 0 | 0 | 0 |
| Owned | 2022 | 0 | 0 | 0 |
| 2023 | 0 | 1 | 1 | |
| Total Outlets | 2021 | 0 | 0 | 0 |
| 2022 | 0 | 0 | 0 | |
| 2023 | 0 | 1 | 1 |
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, at the end of 2023, there was a total of one outlet open. This single outlet was company-owned, as there were zero franchised outlets open at that time. This information is crucial for potential franchisees to understand the current scale of Azal Coffee's operations.
The FDD provides a detailed breakdown of outlet types and their status over the years. Specifically, for 2023, it indicates that there were zero franchised outlets and one company-owned outlet. This suggests that Azal Coffee was primarily focused on establishing its company-owned presence before expanding through franchising.
For a prospective franchisee, this data highlights that the franchise system is relatively new. It is important to further investigate the performance and support systems in place for this single company-owned outlet to gauge the potential success and scalability of the Azal Coffee franchise model. Understanding the growth strategy and the franchisor's plans for supporting franchisees will be essential in making an informed decision.