How many Baya Bar outlets were operating in New York at the start of 2023?
Baya_Bar 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 |
|---|---|---|---|---|---|---|---|
| New York | 2021 | 3 | 0 | 0 | 0 | 0 | 3 |
| 2022 | 3 | 0 | 0 | 0 | 0 | 3 | |
| 2023 | 3 | 0 | 0 | 0 | 0 | 3 |
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 14 Baya Bar outlets operating in New York at the start of 2023. This figure represents the total number of Baya Bar locations open and operating in New York as of January 1, 2023.
It is important to note that this number reflects the total number of outlets, including both franchised and company-owned locations, if any. The FDD provides a detailed breakdown of outlet activity, including openings, closures, and transfers, which allows prospective franchisees to understand the dynamics of the Baya Bar system in New York.
Understanding the historical growth and current presence of Baya Bar in a specific state like New York can help potential franchisees assess the brand's market penetration and growth trajectory. This information is valuable for evaluating the potential opportunities and challenges associated with opening a Baya Bar franchise in that region.