What was the total number of Baya Bar outlets opened during 2022 across all states?
Baya_Bar Franchise · 2024 FDDAnswer 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, across all states, there were 7 Baya Bar outlets opened during 2022. The state of New York opened 5 new outlets, and Utah opened 1 new outlet. The document also indicates that Nevada had 1 outlet cease operations for other reasons during 2022.
These figures provide insight into the growth and changes within the Baya Bar franchise system. For a prospective franchisee, this data is useful for understanding the rate at which new Baya Bar locations are opening and closing, which can be an indicator of the brand's momentum and stability. It also highlights which states are experiencing growth or contraction in the number of outlets.
It's important to note that while 7 new Baya Bar locations opened, one location in Nevada ceased operations. This means that the net increase in the number of outlets was not solely determined by new openings but also affected by closures. Franchisees should consider both openings and closures when evaluating the overall health and potential of the franchise system.
Furthermore, the FDD provides a list of franchisees and their locations, including opening dates. This information can be valuable for prospective franchisees who wish to contact existing franchisees to learn more about their experiences with the Baya Bar franchise.