How many total Better Blend outlets were operating at the end of 2023?
Better_Blend Franchise · 2024 FDDAnswer from 2024 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Column 4 | Net Change |
|---|---|---|---|---|
| Outlets at the End of the Year | ||||
| Franchised | 2021 | 0 | 0 | 0 |
| 2022 | 0 | 0 | 0 | |
| 2023 | 0 | 4 | +4 | |
| Company-Owned | 2021 | 2 | 3 | +1 |
| 2022 | 3 | 3 | 0 | |
| 2023 | 3 | 3 | 0 | |
| Total Outlets | 2021 | 2 | 3 | +1 |
| 2022 | 3 | 3 | 0 | |
| 2023 | 3 | 7 | +4 |
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, at the end of 2023, there were a total of 7 outlets operating. This total comprises both franchised and company-owned outlets.
Specifically, the FDD indicates that there were 4 franchised Better Blend outlets and 3 company-owned Better Blend outlets in operation at the close of 2023. This information is crucial for potential franchisees as it provides a snapshot of the brand's current market presence and the relative distribution between franchised and company-operated locations.
Understanding the number of operating outlets, especially the breakdown between franchised and company-owned, can give prospective franchisees insight into Better Blend's business model and growth strategy. A higher number of company-owned stores might suggest a greater degree of control and direct involvement by the franchisor, while a larger number of franchised locations could indicate a focus on expansion through franchising.