How many Azal Coffee outlets were re-acquired by the franchisor in Michigan during 2022?
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 | |
| Total | 2021 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2022 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2023 | 0 | 1 | 0 | 0 | 0 | 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, there were no Azal Coffee outlets re-acquired by the franchisor in Michigan during 2022. The provided table specifically tracks outlet information by state and year, including re-acquisitions.
The table indicates that in Michigan during 2022, the number of outlets re-acquired by Azal Coffee from franchisees was zero. This suggests that during this period, no franchised locations in Michigan were taken back under the direct control of the company.
This information is crucial for potential franchisees as it provides insight into the stability and relationship between Azal Coffee and its franchisees. A high number of re-acquisitions could indicate potential issues with franchisee success or support, while a low number, as in this case, may suggest a more stable franchise system.