How many Better Blend outlets were operating in Kentucky at the end of 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 |
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 two Better Blend outlets operating in Kentucky at the end of 2023. The table provided in Item 20 of the FDD details the number of outlets at the start of the year, the number of outlets opened, and the number of outlets at the end of the year for various states, including Kentucky.
Specifically, for Kentucky in 2023, the table shows that there were zero outlets at the start of the year and two outlets opened during the year. There were no terminations, non-renewals, re acquisitions by the franchisor, or ceased operations for other reasons. This resulted in a total of two Better Blend outlets operating in Kentucky at the end of 2023.
Prospective franchisees can use this information to understand Better Blend's growth and presence in specific states. It's important to note that past performance does not guarantee future results, but this data can provide insights into the brand's expansion and stability in different markets. Franchisees should also consider other factors, such as market demographics and competition, when evaluating the potential of a Better Blend franchise in a particular location.