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What was the net change in the number of total Azal Coffee outlets in 2022?

Azal_Coffee Franchise · 2024 FDD

Answer 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, the net change in the number of total outlets in 2022 was 0. This indicates that the total number of Azal Coffee outlets remained the same throughout the year.

The FDD provides a table summarizing systemwide outlet information. In 2022, the number of total outlets at the start of the year was 0, and the number of total outlets at the end of the year was also 0. This data encompasses both franchised and company-owned outlets.

For a prospective franchisee, this information suggests that Azal Coffee was in its early stages of development in 2022. The fact that there were no net changes in outlet numbers could reflect a period of testing, refinement, or preparation for future expansion. It's important to note that the company did not begin offering franchises until July 2024, which explains the absence of franchised locations in earlier years. A potential franchisee should inquire about the reasons for the lack of growth during this period and the strategies Azal Coffee has in place to ensure future growth and stability.

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.