How many Chocolate Bash company-owned outlets opened in California during 2021?
Chocolate_Bash Franchise · 2024 FDDAnswer from 2024 FDD Document
us of Company-Owned Outlets For years 2021 to 2023**
| 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 |
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 company-owned outlets opened in California during 2021. The provided table regarding the status of outlets shows that in California during 2021, there were 3 outlets at the start of the year, 1 outlet opened, 0 outlets reacquired from a franchisee, 0 outlets closed, 1 outlet sold to a franchisee, and 3 outlets at the end of the year.
However, this table does not differentiate between franchised and company-owned outlets. Another table shows systemwide outlet information, indicating that there were 3 company-owned Chocolate Bash outlets at the start of 2021 and 3 at the end of 2021, with a net change of 0. This implies that no new company-owned stores opened during that year.
Prospective franchisees should note that while the overall number of Chocolate Bash outlets in California remained consistent for company-owned stores in 2021, one franchised outlet was opened. This information can be useful for understanding the growth patterns and stability of company-owned versus franchised locations within the California market.