How many Azal Coffee outlets opened in Michigan during the year 2023?
Azal_Coffee Franchise · 2024 FDDAnswer from 2024 FDD Document
e No. 4 Status of Company-Owned Outlets For Years 2021 to 2023**
| 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 | |
| Total | 2021 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2022 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2023 | 0 | 1 | 0 | 0 | 0 | 1 |
Table No. 5 Projected Openings as of December 31, 2023
| State | Franchise Agreements Signed But Outlets Not Yet Opened | Projected New Franchised Outlets in the Next Fiscal Year | Projected New Company-Owned Outlets in the Next Fiscal Year |
|---|---|---|---|
| Michigan | 0 | 0 | 0 |
| Illinois | 0 | 1 | 0 |
| Ohio | 0 | 1 | 0 |
| Totals | 0 | 2 | 0 |
We did not begin offering franchises until July 2024. The numbers reflected in the tables in this Item refer to Stores operated by our affiliate (Company-Owned) or Stores operated by our franchisees (Franchised).
The information in the tables is as of December 31st of each year.
The names, addresses, and telephone numbers of all Azal Coffee franchisees as of the date of the Franchise Disclosure Document are listed on Exhibit F.
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 is conflicting information regarding the number of outlets opened in Michigan during 2023. One table indicates that zero outlets opened in Michigan during 2023. However, another table indicates that one outlet opened in Michigan during 2023. This discrepancy could be due to a difference in how the data is categorized or an error in the reporting.
It is important to note that the FDD contains multiple tables with similar information, but the data presented in each table may vary slightly. This can be confusing for potential franchisees who are trying to get an accurate picture of the franchise system's performance.
A prospective Azal Coffee franchisee should seek clarification from the franchisor regarding the discrepancy in the reported number of outlets opened in Michigan during 2023. Understanding the reason for this difference is crucial for making an informed investment decision. It would be prudent to inquire about the specific location and type (franchised or company-owned) of the outlet that opened, if any, to reconcile the conflicting data.