How many Better Blend outlets opened in Ohio during 2023?
Better_Blend Franchise · 2024 FDDAnswer from 2024 FDD Document
[Item 20: OUTLETS AND FRANCHISEE INFORMATION]
| 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 | 1 | 0 | 0 | 0 | 2 | |
| Ohio | 2022 | 2 | 0 | 0 | 0 | 0 | 2 |
| 2023 | 2 | 0 | 0 | 0 | 0 | 2 |
[Item 20: OUTLETS AND FRANCHISEE INFORMATION]
| 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 |
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 outlets opened in Ohio during 2023. One table indicates that zero outlets opened in Ohio during 2023, while another table indicates that two outlets opened in Ohio during the same year.
Specifically, one table shows that for Ohio in 2023, the number of 'Outlets Opened' was zero. This same table shows that at the start of 2023, there were two outlets, and at the end of the year, there were still two outlets. This suggests no new openings occurred.
However, another table provides different data, stating that two Better Blend outlets opened in Ohio during 2023. This discrepancy could be due to a variety of factors, such as differing definitions of what constitutes an 'outlet opening' or errors in data collection. A prospective franchisee should seek clarification from Better Blend to understand the correct number of openings and the reasons for the conflicting data. Understanding the actual growth and activity in specific states like Ohio is crucial for making an informed investment decision.