In what states did Better Blend open outlets in 2023?
Better_Blend Franchise · 2024 FDDAnswer from 2024 FDD Document
| 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 |
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, in 2023, Better Blend opened 2 company-owned outlets in Kentucky and 2 company-owned outlets in Ohio. This indicates that Better Blend is focusing its growth in these states with company-owned locations.
For a prospective franchisee, this information is useful for understanding Better Blend's expansion strategy and market penetration. The franchisee can see where the company is investing its own resources, which may suggest areas with higher potential or strategic importance. However, the document does not specify if these openings replaced existing outlets or were net new additions.
It is important to note that while company-owned store data is available, the FDD does not specify where franchised outlets opened in 2023. A potential franchisee should ask Better Blend for more information about franchised outlet openings, closures, and transfers to fully understand the franchise's growth and stability.