table_specific

What was the total number of Azal Coffee outlet transfers in 2021?

Azal_Coffee Franchise · 2024 FDD

Answer from 2024 FDD Document

Table No. 2 Transfers of Outlets From Franchisees to New Owners (Other than the Franchisor) For Years 2021 to 2023

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 outlet transfers in 2021. The provided table, titled "Transfers of Outlets From Franchisees to New Owners (Other than the Franchisor) For Years 2021 to 2023," indicates that no Azal Coffee franchises were transferred to new owners during that year.

This suggests that during 2021, no existing Azal Coffee franchisees sold their businesses to a third party. This could be due to various factors, such as the newness of the franchise system, franchisee satisfaction, or other market conditions.

For a prospective franchisee, this information is useful in understanding the stability and transfer activity within the Azal Coffee franchise system. A high number of transfers could indicate potential issues with franchisee profitability or satisfaction, while a low number, as seen here, might suggest stability, though it is important to consider the age of the franchise when evaluating this data.

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.