How many Baya Bar outlets were operating in Utah at the end of 2022?
Baya_Bar Franchise · 2024 FDDAnswer from 2024 FDD Document
|---------------------| | Total | 2021 | 0 | | | 2022 | 0 | | | 2023 | 0 |
Table No. 3 Status of Franchised Outlets For years 2021 to 2023
| 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 |
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 was one Baya Bar outlet operating in Utah at the end of 2022. The FDD outlines the store's opening during that year.
Specifically, the table provided in Item 20 details the number of outlets opened, terminated, and operating at the end of the year for each state where Baya Bar has a presence. For Utah, the table shows that at the start of 2022, there were no outlets. During 2022, one outlet was opened, and there were no terminations, closures, or re acquisitions.
This means that a prospective franchisee looking at Utah can see that the brand is relatively new to the state, with only one location in operation as of the end of 2022. This could represent an opportunity for growth in the area, but it also means that there is limited operating history to review.