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How many Baya Bar outlets were operating in New York at the start of 2021?

Baya_Bar Franchise · 2024 FDD

Answer from 2024 FDD Document

State Year Outlets at Start of Year Outlets Opene d Termina -tions Non Renewal s Reacquired by Franchisor Ceased Operations – Other Reasons Outlets at End of the Year
Louisiana 2021 2 0 0 0 0 0 2
2022 2 0 0 0 0 0 2
2023 2 0 0 0 0 0 2
Nevada 2021 1 0 0 0 0 0 1
2022 1 0 0 0 0 1 0
2023 0 0 0 0 0 0 0
New York 2021 4 5 0 0 0 0 9
2022 9 5 0 0 0 0 14
2023 14 6 0 0 0 0 20
2021 0 0 0 0 0 0 0
Utah 2022 0 1 0 0 0 0 1
2023 1 0 0 0 0 0 1
Total 2021 7 5 0 0 0 0 12
2022 12 7 1 0 0 0 17
2023 17 6 0 0 0 0 23

Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 53–55)

What This Means (2024 FDD)

According to Baya Bar's 2024 Franchise Disclosure Document, there were 4 Baya Bar outlets operating in New York at the start of 2021. During 2021, 5 additional outlets were opened, bringing the total to 9 by the end of the year.

This information is crucial for potential franchisees as it provides a snapshot of Baya Bar's existing market presence and growth trajectory in New York. The fact that 5 new outlets opened in 2021 suggests a growing demand for Baya Bar's products and services in the state.

However, it's important to note that past performance is not necessarily indicative of future results. Prospective franchisees should conduct their own market research and due diligence to assess the viability of a Baya Bar franchise in their desired location. They should also consider factors such as competition, demographics, and local economic conditions before making a final decision.

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.