In 2022, how many Chocolate Bash outlets were sold to franchisees across all locations?
Chocolate_Bash Franchise · 2024 FDDAnswer from 2024 FDD Document
| State | Year | Outlets at the Start of the Year | Outlets Opened | Outlets Reacquired From Franchisee | Outlets Closed | Outlets Sold to Franchisee | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|
| California | 2021 | 3 | 1 | 0 | 0 | 1 | 3 |
| 2022 | 3 | 0 | 0 | 0 | 0 | 3 | |
| 2023 | 3 | 0 | 0 | 0 | 0 | 3 | |
| Totals | 2021 | 3 | 0 | 0 | 0 | 0 | 3 |
| 2022 | 3 | 1 | 0 | 0 | 1 | 3 | |
| 2023 | 3 | 0 | 0 | 0 | 0 | 3 |
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, the provided tables offer conflicting information regarding the number of outlets sold to franchisees in 2022. One table indicates that one outlet was sold to a franchisee in California during 2022. However, another table shows zero outlets sold to franchisees across all locations in 2022.
This discrepancy could be due to different accounting methods or definitions used in the tables. It is important to note that the tables track different aspects of outlet activity, such as transfers, openings, and closures, which may contribute to the differing figures.
A prospective Chocolate Bash franchisee should seek clarification from the franchisor regarding these conflicting data points to gain a clear understanding of outlet sales and transfers within the franchise system. Understanding the reasons behind these differences is crucial for making an informed investment decision. Specifically, the prospective franchisee should ask Chocolate Bash to reconcile the two tables and explain the methodology used to track outlet sales and transfers.