How many franchised Better Blend outlets were operating at the start of 2021?
Better_Blend Franchise · 2024 FDDAnswer from 2024 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Column 4 | Net Change |
|---|---|---|---|---|
| Outlets at the End of the Year | ||||
| Franchised | 2021 | 0 | 0 | 0 |
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, at the start of 2021, there were zero franchised outlets operating. The provided table in Item 20 of the FDD details the systemwide outlet summary for the years 2021 to 2023.
For a prospective franchisee, this indicates that Better Blend is a relatively new franchise system, with no franchised locations open at the beginning of 2021. This could mean there is less historical data available to evaluate the performance of franchised locations.
It is important to note that while there were no franchised locations at the start of 2021, the table also shows that Better Blend had 2 company-owned outlets operating at that time. This suggests that the company had some experience in operating the business model before offering franchises.