How many Better Blend outlets were operating 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 |
|---|---|---|---|---|---|---|---|
| 2021 | 1 | 0 | 0 | 0 | 0 |
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 operating in Ohio at the start of 2021, according to one table. However, another table indicates that there was one outlet at the start of 2021 and another indicates there were two. This discrepancy could be due to a difference in how the data was collected or categorized in the tables.
It is important to note that Item 20 provides information on the number of outlets, terminations, and transfers within the Better Blend franchise system. This information can be helpful for prospective franchisees to understand the growth and stability of the franchise system. However, due to the conflicting information, it is important for potential franchisees to further investigate and clarify the number of operating outlets in Ohio at the start of 2021.
Prospective franchisees should directly verify this information with Better Blend to understand the reasons for the differing numbers. Understanding the historical growth and presence of the franchise in specific states like Ohio is crucial for assessing the market potential and making informed investment decisions.