As of the end of 2023, how many Chocolate Bash company-owned outlets were operating in California?
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 |
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 3 company-owned Chocolate Bash outlets operating in California at the end of 2023. The provided table tracks the number of company-owned outlets from 2021 to 2023. It shows that the number of company-owned stores in California remained constant at 3 throughout this period. There were no openings, re acquisitions, or closures of company-owned stores during this time.
For a prospective franchisee, this indicates that Chocolate Bash may not be actively expanding its corporate-owned presence in California. The company could be focusing more on franchise growth rather than investing in its own stores. This could mean that the franchisor is more reliant on franchisees to grow the brand's footprint.
It is important to note that while the number of company-owned stores remained constant, the number of franchised Chocolate Bash outlets in California increased from 4 to 8 during 2023. This suggests a strategic emphasis on franchising as the primary growth model within the state. A potential franchisee should consider this information when evaluating the level of corporate support and competition they might encounter in the California market.