How many Casiola outlets were reacquired by the franchisor in 2022?
Casiola Franchise · 2024 FDDAnswer from 2024 FDD Document
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TABLE NO. 4 STATUS OF COMPANY OWNED OUTLETS FOR YEARS 2021 to 2023
| 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 |
TABLE NO. 5 PROJECTED OPENINGS AS OF DECEMBER 31, 2023
| State | Franchise Agreement | Projected New | Projected New Company |
|---|---|---|---|
| Signed but Outlet Not | Franchised Outlets in the | Owned Outlets in the | |
| Opened | Next Fiscal Year | Next Fiscal Year | |
| Florida | 0 | 4 | 0 |
| Totals | 0 | 4 | 0 |
Notes to Tables:
If you buy this franchise, your contact information may be disclosed to other buyers when you leave the franchise system.
During the last three fiscal years, no current or former franchisees have signed confidentiality clauses with us that restrict them from discussing with you their experiences as a franchisee in our franchise system. There are no trademark-specific franchisee organizations associated with the franchise system being offered in this Disclosure Document.
Exhibit F to this Disclosure Document contains a list, as of the Issuance Date of this Disclosure Document, of current Casiola Franchise LLC franchisees.
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 no Casiola outlets reacquired by the franchisor in 2022. This data is reflected in multiple tables within Item 20, providing a comprehensive view of outlet activity. Specifically, the tables detailing system-wide outlet summaries and the status of franchised outlets indicate zero re acquisitions during that year.
This lack of re acquisitions could be interpreted positively, suggesting stability within the franchise system. Re acquisitions often occur when a franchisee is struggling or has failed to meet the franchisor's standards, so a lack of such activity may indicate that existing franchisees are generally successful and compliant. However, it is important to consider this information in conjunction with other factors, such as the number of terminations or non-renewals, to gain a complete understanding of franchisee performance and turnover.
Prospective franchisees should investigate further by comparing these figures with industry averages and by speaking with current and former Casiola franchisees. Understanding the reasons behind any past re acquisitions, terminations, or non-renewals can provide valuable insight into the challenges and opportunities associated with this franchise. Additionally, it would be prudent to inquire about the franchisor's policies and procedures regarding franchisee support and conflict resolution, as these can play a significant role in franchisee success and satisfaction.