How many Chocolate Bash outlets in California were reacquired from franchisees in 2022?
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 zero outlets reacquired from franchisees in California during 2022. The provided table in Item 20 outlines the changes in outlet counts for California from 2021 to 2023.
Specifically, the table details the number of outlets at the start of the year, outlets opened, outlets reacquired from franchisees, outlets closed, outlets sold to franchisees, and outlets at the end of the year. For the year 2022 in California, the 'Outlets Reacquired From Franchisee' column shows a value of 0. This indicates that Chocolate Bash did not reacquire any franchised locations in California during that year.
This information is crucial for potential franchisees as it provides insight into the stability and performance of existing franchises. A high number of reacquired outlets could signal potential issues with franchisee success or support, while a consistent zero, as in this case, might suggest a stable franchise system in California.