How many total Casiola outlets were open at the end of 2023?
Casiola Franchise · 2024 FDDAnswer from 2024 FDD Document
| 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 |
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 a total of 2 outlets open at the end of 2023. The FDD provides a system-wide outlet summary that includes both franchised and company-owned outlets.
Specifically, the table shows that at the start of 2023, there were 2 total outlets. Throughout 2023, there were no additional outlets opened, and no outlets closed. This resulted in a net change of 0, leaving a total of 2 outlets at the end of 2023.
Additionally, the FDD specifies the breakdown between franchised and company-owned locations. For franchised outlets, there were 0 at the start of 2023 and 0 at the end of 2023. For company-owned outlets, there were 2 at the start of 2023 and 2 at the end of 2023. The asterisk next to the number '2' for company owned outlets indicates that the Company Owned Outlet that operates within the Orlando, Florida market operates within the equivalent of three Operating Territories and the Company Owned Outlet that operates within the Miami, Florida market operates within the equivalent of two Operating Territories.