How many new Better Blend outlets opened in Kentucky during 2021?
Better_Blend Franchise · 2024 FDDAnswer from 2024 FDD Document
0 | Table 3 Status of Franchised Outlets For Years 2021 to 2023
| 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 | Table 4 Status of Company-Owned Outlets For Years 2021 to 2023
| State | Year | Outlets at the Start of the Year | Outlets Opened | Outlets Reacquired from Franchisee | Outlets Closed | Outlets Sold to Franchisee | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|
| 2021 | 1 | 0 | 0 | 0 | 0 | 1 | |
| Kentucky |
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 is conflicting information regarding the number of new outlets that opened in Kentucky during 2021. One table indicates that zero outlets opened, while another table indicates that one outlet opened.
Specifically, one table shows that in Kentucky during 2021, there were zero outlets at the start of the year and zero outlets opened, resulting in zero outlets at the end of the year. However, a different table indicates that in Kentucky during 2021, there was one outlet at the start of the year and one outlet opened, resulting in two outlets at the end of the year.
Given these discrepancies, it is important for a prospective franchisee to seek clarification from Better Blend regarding the accurate number of outlets opened in Kentucky during 2021. Understanding the historical growth and performance in specific regions like Kentucky is crucial for making an informed investment decision.