How many total Better Blend outlets were closed in 2022?
Better_Blend Franchise · 2024 FDDAnswer from 2024 FDD Document
| 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 | 1 | |
| Kentucky | 2022 | 1 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 1 |
| State | Year | Outlets at the Start of
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 total outlets closed in 2022. This data is derived from Table 1, which provides a system-wide outlet summary for the years 2021 to 2023.
Specifically, the table shows that the number of total outlets remained constant at 3 from the start to the end of 2022. This indicates that no outlets were closed during that year.
Prospective franchisees should note that while no closures occurred in 2022, it is essential to review the complete Item 20 data, including information on terminations, non-renewals, and transfers, to gain a comprehensive understanding of outlet performance and stability within the Better Blend franchise system. Reviewing the list of former franchisees in Exhibit H may also provide additional insights.