How many C3 Wellness Spa outlets were operating at the start of 2021?
C3_Wellness_Spa Franchise · 2024 FDDAnswer from 2024 FDD Document
1 | 0 | | | 2022 | 0 | | | 2023 | 0 |
TABLE NO. 3 STATUS OF FRANCHISED OWNED OUTLETS FOR YEARS 2021 to 2023
| State | Year | Outlets at Start of Year | Outlets Opened | Terminations | Non Renewals | Reacquired by Franchisor | Ceased Operations for Other Reasons | Outlets at End of Year | |---|---|---|---|---|---|---|---|---| | | | | | | | | | | | | | | | | | | | | | | | | | | Non | | | | | | | | | | Renewals | | | | | Total | 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]
**TABLE NO.
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 55–58)
What This Means (2024 FDD)
According to C3 Wellness Spa's 2024 Franchise Disclosure Document, there were a total of 2 outlets operating at the start of 2021. Specifically, these were company-owned outlets, as there were zero franchised outlets at that time. Throughout 2021, no additional outlets were opened, and no outlets were terminated, non-renewed, reacquired, or ceased operations for other reasons. Consequently, C3 Wellness Spa ended 2021 with a total of 2 outlets.
For a prospective franchisee, this indicates that C3 Wellness Spa was a relatively new franchise system as of 2021. The fact that all outlets were company-owned might suggest that the franchisor was still testing and refining its business model before expanding through franchising.
It's important to note that the growth and stability of a franchise system can significantly impact a franchisee's success. A longer track record with more franchised locations often provides more data and support for new franchisees. Therefore, a potential franchisee should carefully evaluate the risks and opportunities associated with joining a franchise system that had a limited number of operating units in its early years.