How many Better Blend franchisees were under contract as of December 31, 2022?

According to Better Blend's 2024 Franchise Disclosure Document, as of December 31, 2022, there were three franchisees under contract with Better Blend, but none of these locations were operational at that time. This indicates that while Better Blend had agreements in place with these franchisees, the restaurants had not yet opened for business.

For a prospective franchisee, this information highlights the importance of understanding the timeline between signing a franchise agreement and actually opening a Better Blend location. It suggests that there may be a period of time during which the franchisee is under contract but not yet generating revenue. This could be due to various factors such as site selection, build-out, training, and obtaining necessary permits and licenses.

It's also worth noting that the FDD mentions that the initial franchise fees collected are determined on a franchisee-by-franchisee basis. This lack of a standardized fee structure could lead to inconsistencies and potential negotiation points for new franchisees. Understanding the factors that influence the initial franchise fee and how it is determined is crucial for anyone considering investing in a Better Blend franchise.