table_specific
How many Azal Coffee outlets were sold to a franchisee in 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 outlets sold to a franchisee in 2022. The provided table regarding outlet information shows that in 2022, there were zero outlets at the start of the year and zero at the end of the year, with a net change of zero.
Specifically, the 'Outlets Sold to Franchisee' column in the table indicates '0' for the year 2022. This means that no existing Azal Coffee outlets were sold to new franchisees during that year.
This data reflects the status of Azal Coffee's franchise system during that period, indicating no transfers of ownership from the company or existing franchisees to new franchisees.
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.