In 2022, how many Casiola outlets were opened?
Casiola Franchise · 2024 FDDAnswer from 2024 FDD Document
| State | Year | Outlets at Start of Year | Outlets Opened | Outlets Reacquired by Franchisor | Outlets Closed | Outlets Sold to Franchisee | Outlets at End of Year |
|---|---|---|---|---|---|---|---|
| 2021 | 1 | 0 | 0 | 0 | 0 | 1 | |
| Florida | 2022 | 1 | 1 | 0 | 0 | 0 | 2 |
| 2023 | 2 | 0 | 0 | 0 | 0 | 2 | |
| 2021 | 1 | 0 | 0 | 0 | 0 | 1 | |
| Totals | 2022 | 1 | 1 | 0 | 0 | 0 | 2 |
| 2023 | 2 | 0 | 0 | 0 | 0 | 2 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 45–46)
What This Means (2024 FDD)
According to Casiola's 2024 Franchise Disclosure Document, in 2022, one franchised outlet was opened in Florida. This increased the total number of Casiola outlets in Florida from one at the start of the year to two by the end of 2022. System-wide, the total number of Casiola outlets increased from one to two during 2022.
It is important to note that the one outlet opened in 2022 was a company-owned outlet. The FDD indicates that no franchised outlets were opened in 2021, 2022, or 2023.
Prospective franchisees should note that the growth of Casiola is still in its early stages. Understanding the factors that contributed to the opening of the company-owned outlet, and the absence of new franchised outlets, will be important for evaluating the potential of the franchise.