How many Better Blend franchises in Ohio were not renewed in 2023?
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 | |
| Ohio | 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2023 | 0 | 2 | 0 | 0 | 0 | 0 | 2 | |
| Totals | 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2022 | 0 | 0 4 | 0 | 0 | 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, there were zero franchises in Ohio that were not renewed in 2023. The provided table in Item 20 outlines the status of franchised outlets for the years 2021 to 2023, showing the number of outlets at the start of the year, outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, outlets that ceased operations for other reasons, and the number of outlets at the end of the year.
For a prospective franchisee, this indicates that franchise agreements with Better Blend in Ohio were consistently renewed during this period. This could be interpreted as a positive sign, suggesting stability and satisfaction among franchisees in that state. However, it is important to consider this information in conjunction with other factors, such as the total number of franchises in Ohio and the reasons for any terminations or non-renewals in other states.
It is also important to note that the absence of non-renewals does not necessarily guarantee future success or satisfaction. Franchisees should still conduct thorough due diligence, including speaking with current and former franchisees, to assess the overall health and viability of the Better Blend franchise system. Additionally, prospective franchisees should carefully review the franchise agreement to understand the terms and conditions for renewal and termination.