table_specific

How many company-owned Chocolate Bash outlets were operating at the end of 2021?

Chocolate_Bash Franchise · 2024 FDD

Answer from 2024 FDD Document

Outlet Type Year Outlets at the Start of the Year Outlets at the End of the Year Net Change
Franchised 2021 1 2 +1
2022 2 4 +2
2023 4 8 +4
Company-Owned 2021 3 3 0
2022 3 3 0
2023 3 3 0
Total Outlets 2021 4 5 +1
2022 5 7 +2
2023 7 11 +4

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, at the end of 2021, there were 3 company-owned Chocolate Bash outlets. Throughout 2021, the number of company-owned outlets remained constant, starting the year with 3 outlets and ending with 3 outlets, resulting in a net change of 0.

This information is part of a broader overview of outlet statistics provided in Item 20 of the FDD, which includes data on both franchised and company-owned locations. This data helps prospective franchisees understand the growth and operational trends within the Chocolate Bash franchise system.

Specifically, the table provides a year-by-year breakdown of outlet counts, allowing potential franchisees to assess the stability and expansion of company-owned stores alongside franchised units. Reviewing these figures over several years, from 2021 to 2023, can give a sense of Chocolate Bash's strategic emphasis on company-owned versus franchised growth.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.