How many Baya Bar outlets were operating in Utah at the start of 2023?
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 |
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 start of 2023. By the end of 2023, the number of Baya Bar outlets in Utah remained at one, with no additional openings, terminations, non-renewals, re acquisitions by the franchisor, or other reasons for ceased operations during the year.
This information is valuable for prospective franchisees as it provides a clear picture of Baya Bar's growth and stability in specific markets. The data helps potential franchisees assess the brand's performance and market penetration in different regions. A single outlet in Utah at the start and end of 2023 indicates a slow growth rate in that particular state.
It is important to note that while there was one outlet operating in Utah, the FDD also lists projected new franchised outlets for the next fiscal year. Specifically, the document indicates that Baya Bar anticipates opening two new franchised outlets in Utah. This suggests that while the current presence is limited, there are plans for expansion in the near future, which could present opportunities for new franchisees.