In Michigan, how many Azal Coffee franchised outlets were at the end of the year 2023?
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 zero franchised outlets in Michigan at the end of 2023. The provided table tracks the number of franchised Azal Coffee outlets in Michigan from 2021 to 2023. The table shows that for 2021, 2022 and 2023 there were zero outlets at the start of the year, zero outlets opened, zero outlets reacquired from a franchisee, zero outlets closed, zero outlets sold to a franchisee, and zero outlets at the end of the year.
This indicates that Azal Coffee had not yet established any franchised locations in Michigan by the end of 2023. A prospective franchisee should note that the brand's franchise system is relatively new, as franchise offerings only began in July 2024. This could mean less brand recognition and established operational processes compared to more mature franchise systems.
While no franchised outlets existed in Michigan at that time, another table indicates one company-owned Azal Coffee outlet was opened in 2023, and was still operating at the end of that year. This demonstrates that Azal Coffee had begun establishing a presence in Michigan through company-owned stores before offering franchises. This could be a positive sign, as it shows the company is willing to invest in the market and test the concept before expanding through franchising.
It is important for potential franchisees to consider the implications of joining a newer franchise system. While there may be opportunities for growth and development, there is also a higher degree of risk compared to investing in a more established brand. Thorough due diligence, including speaking with existing franchisees (if any) and carefully reviewing the FDD, is crucial before making a decision.