In 2021, how many Better Blend outlets were reacquired from franchisees in Kentucky?
Better_Blend Franchise · 2024 FDDAnswer from 2024 FDD Document
| State | Year | Outlets at the Start of the Year | Outlets Opened | Termi- Nations | Non- Renewals | Reacquired by Franchisor | Ceased Operations – Other Reasons | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|---|
| Kentucky | 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2023 | 0 | 2 | 0 | 0 | 0 | 0 | 2 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 40–43)
What This Means (2024 FDD)
According to Better Blend's 2024 Franchise Disclosure Document, there were no Better Blend outlets reacquired from franchisees in Kentucky during 2021. The table provided in Item 20 specifically lists the number of outlets reacquired from franchisees in Kentucky for the years 2021, 2022, and 2023.
Specifically, the table shows that in 2021, Better Blend did not reacquire any franchised outlets in Kentucky. This means that no existing franchise locations were taken back by the company during that year.
This information is valuable for potential franchisees as it provides insight into the stability and relationship between Better Blend and its franchisees. A high number of reacquired outlets could indicate potential issues with franchisee success or support, while a low number, as in this case, suggests a more stable franchise system.