How many franchised Casiola outlets were operating at the start of 2022?
Casiola Franchise · 2024 FDDAnswer from 2024 FDD Document
20 OUTLETS AND FRANCHISEE INFORMATION
TABLE NO. 1 SYSTEMWIDE OUTLET SUMMARY FOR YEARS 2021 to 2023
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| 2021 | 0 | 0 | 0 | |
| Franchised | 2022 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | |
| 2021 | 1 | 1 | 0 | |
| Company Owned | 2022 | 1 | 2 | +1 |
| 2023 | 2* | 2 | 0 | |
| 2021 | 1 | 1 | 0 | |
| Total Outlets | 2022 | 1 | 2 | +1 |
| 2023 | 2 | 2 | 0 |
*Our Company Owned Outlet that operates within the Orlando, Florida market operates within the equivalent of three Operating Territories. Our Company Owned Outlet that operates within the Miami, Florida market operates within the equivalent of two Operating Territories.
TABLE NO. 2 TRANSFER OF OUTLETS FROM FRANCHISEES TO NEW OWNERS (OTHER THAN THE FRANCHISOR) FOR YEARS 2021 to 2023
| State | Year | Number of Transfers |
|---|---|---|
| 2021 | 0 | |
| None | 2022 | 0 |
| 2023 | 0 |
TABLE NO. 3 STATUS OF FRANCHISED OUTLETS FOR YEARS 2020 to 2022
| 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 |
|---|---|---|---|---|---|---|---|---|
| 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Totals | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
**TABLE NO.
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 45–46)
What This Means (2024 FDD)
According to Casiola's 2024 Franchise Disclosure Document, there were zero franchised outlets operating at the start of 2022. This information is based on the 'Systemwide Outlet Summary' table, which provides a breakdown of outlet status for the years 2021 to 2023.
Specifically, the table titled 'Outlet Type' shows that for franchised locations in 2022, the number of outlets at the start of the year was zero. This suggests that Casiola either began franchising in 2022 or had no active franchised locations at the beginning of that year.
Another table, focusing on the status of franchised outlets by state, indicates that in 2021 there was one outlet at the start of the year, located in Florida. However, in the 'Totals' row for 2022, the number of outlets at the start of the year is listed as one. This discrepancy between the 'Outlet Type' table and the 'State' table could be due to the 'State' table including company-owned locations in its totals. Therefore, prospective franchisees should clarify with Casiola the precise number of franchised locations at the start of 2022 to reconcile this information.