How many Casiola outlets were reacquired by the franchisor in 2023?
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, there were no outlets reacquired by the franchisor in 2023. This data is based on the systemwide outlet summary. This suggests that Casiola did not buy back any franchise locations during that year.
For a prospective franchisee, this information indicates the stability of the existing franchise network. The absence of reacquired outlets could mean that franchisees are generally successful and satisfied with their businesses, or that Casiola prefers not to reacquire struggling locations.
It is important to note that this data only reflects the number of reacquired outlets and does not provide insight into the reasons why outlets might be reacquired in other franchise systems. Further research and conversations with current and former franchisees would be beneficial to understand the full picture of franchise operations within Casiola.