How many total Better Blend outlets were operating at the start of 2022?
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, there were a total of 3 outlets operating at the start of 2022. These 3 locations were all company-owned.
Specifically, the FDD indicates that at the beginning of 2022, there were zero franchised outlets and three company-owned outlets. This means that all Better Blend locations open at that time were operated directly by the company rather than by franchisees.
Potential franchisees should note this information to understand the company's growth strategy and reliance on company-owned stores versus franchised locations. It may be beneficial to inquire about the reasons for this distribution and the future plans for franchising.