How many Better Blend outlets were open in Ohio at the start of 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 |
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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 Better Blend outlets open in Ohio at the start of 2021, according to one table. However, another table indicates that there was one Better Blend outlet open in Ohio at the start of 2021.
The discrepancy between these two tables could be due to different reporting methods, franchise types (company-owned vs. franchised), or errors in the FDD. It is important to note that the tables also track the number of outlets opened, reacquired, closed, and sold, providing a comprehensive view of outlet activity.
A prospective franchisee should seek clarification from Better Blend on the conflicting information regarding the number of outlets open in Ohio at the start of 2021. Understanding the reasons for these differences is crucial for making an informed investment decision.