What was the total number of Baya Bar outlets at the end of 2021?
Baya_Bar Franchise · 2024 FDDAnswer from 2024 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| Franchised | 2021 | 6 | 12 | +6 |
| 2022 | 12 | 17 | +5 | |
| 2023 | 17 | 23 | +6 | |
| Company- | 2021 | 3 | 3 | 0 |
| Owned* | ||||
| 2022 | 3 | 3 | 0 | |
| 2023 | 3 | 3 | 0 | |
| Total Outlets | 2021 | 9 | 15 | +6 |
| 2022 | 15 | 20 | +5 | |
| 2023 | 20 | 26 | +6 |
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, at the end of 2021, there were a total of 15 Baya Bar outlets. This number includes both franchised and company-owned stores. Specifically, there were 12 franchised outlets and 3 company-owned outlets.
For a prospective franchisee, this indicates the size and composition of the Baya Bar system at that time. It shows the relative proportion of franchised versus company-owned locations, which can provide insights into the company's franchising strategy.
The FDD provides a three-year history of outlet growth, allowing potential franchisees to assess the brand's recent expansion. The numbers show a net increase of 6 total outlets during 2021, which could be seen as a positive sign of growth and stability.