How many Better Blend outlets in Kentucky were reacquired by the franchisor in 2023?
Better_Blend Franchise · 2024 FDDAnswer from 2024 FDD Document
| 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 | 2022 | 1 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 1 |
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 outlets reacquired by the franchisor in Kentucky during 2023. The provided table regarding outlet information details the changes in the number of Better Blend outlets over the past three years. This includes information on outlets that were reacquired by Better Blend, as well as those that were opened, closed, or sold.
Specifically, the table provides a breakdown of these changes on a state-by-state basis. For Kentucky in 2023, the table indicates that there were no outlets reacquired by Better Blend. This means that none of the franchised locations in Kentucky were taken back under the direct control of the company during that year.
This information is crucial for potential franchisees as it provides insight into the stability and performance of existing franchise locations. A high number of reacquired outlets could indicate potential issues with franchisee success or the overall viability of the business model in that area. In this case, the absence of reacquired outlets in Kentucky for Better Blend suggests a stable franchise environment in that state.