How many Chocolate Bash outlets in Arizona ceased operations for reasons other than termination, non-renewal, or reacquisition by the franchisor in 2022?
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 zero Chocolate Bash outlets in Arizona that ceased operations for reasons other than termination, non-renewal, or reacquisition by the franchisor during 2022. The FDD provides a table outlining outlet data by state and year, including a column for 'Ceased Operations – Other Reasons.'
This information is relevant for prospective franchisees as it offers insight into the stability and performance of Chocolate Bash franchises. A low number of closures for 'other reasons' might suggest that Chocolate Bash franchises generally remain operational and are not frequently closed due to unforeseen circumstances. However, it is important to consider this data in conjunction with other factors, such as the number of new outlets opened and the overall financial performance of the franchises.
It is also worth noting that the table includes data up to 2023. Reviewing multiple years can provide a more comprehensive understanding of the trends in outlet operations. A prospective franchisee should also inquire about the specific reasons that fall under the 'Ceased Operations – Other Reasons' category to fully understand the nature of these closures.