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How many total C3 Wellness Spa outlets were open at the end of 2020?

C3_Wellness_Spa Franchise · 2024 FDD

Answer from 2024 FDD Document

Outlet Type Year Outlets at the End of the Year Net Change
Franchised 2021 0 0 0
2022 0 0 0
2023 0 0 0
Company 2021 2 2 0
Owned
2022 2 2 0
2023 2 2 0
Total Outlets 2020 2 2 0
2021 2 2 0
2023 2 2 0

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, at the end of 2020, there were a total of 2 outlets. These were all company-owned, as no franchised locations were open at that time. The 'Net Change' column indicates that there were no openings or closures during that year, meaning the number of outlets remained constant.

For a prospective franchisee, this information provides a baseline understanding of C3 Wellness Spa's initial growth. The fact that the initial outlets were company-owned suggests that C3 Wellness Spa may have focused on establishing its business model and brand presence before expanding through franchising. This could indicate a more cautious and controlled approach to growth, which might be seen as a positive sign by some franchisees.

However, it's important to note that the provided data only covers a limited period. A potential franchisee should investigate further to understand C3 Wellness Spa's growth trajectory since 2020, including the number of franchised locations opened, the success rate of these franchises, and the overall expansion strategy of the company. Understanding these factors will provide a more comprehensive picture of the franchise's potential and the franchisor's commitment to supporting its franchisees.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.