How many Chocolate Bash franchised outlets were operating in Arizona at the start of 2021?
Chocolate_Bash Franchise · 2024 FDDAnswer from 2024 FDD Document
| 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 |
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 franchised outlets operating in Arizona at the start of 2021. The provided table regarding outlet information shows that for the year 2021, the number of outlets at the start of the year in Arizona was zero. Throughout 2021, no Chocolate Bash outlets opened, terminated, or were reacquired by the franchisor in Arizona, and no outlets ceased operations for other reasons. Consequently, the number of Chocolate Bash outlets in Arizona remained at zero at the end of 2021.
This indicates that Chocolate Bash's presence in Arizona began after 2021. The table also shows that by 2023, there were two Chocolate Bash outlets operating in Arizona. This information is crucial for prospective franchisees as it provides insight into the brand's growth trajectory and market penetration in specific regions.
For a potential franchisee, understanding the historical growth and current outlet distribution is essential for assessing the market potential and the level of brand recognition in a specific area. It's also important to note that while the table provides a snapshot of outlet activity, further due diligence, including market research and discussions with existing franchisees, is recommended to gain a comprehensive understanding of the franchise's performance and opportunities in Arizona.