How many Better Blend outlets were operating in Kentucky at the start of 2021?
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 was one Better Blend outlet operating in Kentucky at the start of 2021. This indicates that Better Blend had a limited presence in Kentucky at that time.
For a prospective franchisee, this information is useful for understanding the brand's existing market penetration in Kentucky. The presence of one outlet suggests that the market may still be relatively untapped, offering potential opportunities for growth. However, it also means that brand recognition might be lower compared to markets with more established Better Blend locations.
It is important to note that while there was one outlet at the start of 2021, the table also shows that one outlet was operating at the end of 2021. This suggests that no new outlets opened or closed during 2021. A prospective franchisee should further investigate the performance and history of this existing outlet to better assess the market conditions and potential for success in Kentucky.