In 2022, how many Chocolate Bash franchised outlets were terminated?
Chocolate_Bash Franchise · 2024 FDDAnswer from 2024 FDD Document
[Item 20: OUTLETS AND FRANCHISEE INFORMATION]
| State | Column 2 | Outlets at the Start of the Year | Outlets Opened | Termi- Nations | Non- Renewals | Reacquired by Franchisor | Ceased Operations – Other Reasons | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|---|
| Year | ||||||||
| AZ | 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2023 | 0 | 2 | 0 | 0 | 0 | 0 | 2 | |
| CA | 2021 | 1 | 1 | 0 | 0 | 0 | 0 | 2 |
| 2022 | 2 | 2 | 0 | 0 | 0 | 0 | 4 | |
| 2023 | 4 | 2 | 0 | 0 | 0 | 0 | 6 | |
| Totals | 2021 | 1 | 1 | 0 | 0 | 0 | 0 | 2 |
| 2022 | 2 | 2 | 0 | 0 | 0 | 0 | 4 | |
| 2023 | 4 | 4 | 0 | 0 | 0 | 0 | 8 |
List of Terminated Franchisees
The following is a list of the franchisees who have had an unit terminated, cancelled, transferred, not renewed or otherwise voluntarily or involuntarily ceased to do business under a franchise agreement during the most recently completed fiscal year or who have not communicated with Franchisor within 10 weeks of the application date:
None.
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 35–38)
What This Means (2024 FDD)
According to Chocolate Bash's 2024 Franchise Disclosure Document, there were no terminations of Chocolate Bash franchises in 2022. This information is gleaned from the provided table which summarizes outlet information for the years 2021 to 2023. Specifically, the 'Termi-Nations' column indicates the number of franchise terminations for each year and state.
The table provides a breakdown by state, including Arizona and California, as well as overall totals. For the year 2022, the 'Termi-Nations' column consistently shows a value of 0 for both individual states and the total. This suggests that no Chocolate Bash franchises were terminated during that year in either of these states.
Additionally, the FDD includes a section titled 'List of Terminated Franchisees' which explicitly states 'None.' This statement reinforces the data presented in the table, confirming that no franchisees experienced termination, cancellation, transfer, non-renewal, or cessation of business under a franchise agreement during the specified period. This information can be reassuring for potential franchisees, as it indicates stability within the Chocolate Bash franchise system.