How many Chocolate Bash outlets were terminated in Arizona during 2023?
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 terminations of Chocolate Bash outlets in Arizona during 2023. The provided table shows that under the 'Termi-Nations' column for Arizona in 2023, the value is 0. However, the table also indicates that two Chocolate Bash outlets opened in Arizona during 2023, ending the year with two total outlets.
This information is crucial for prospective franchisees as it provides insight into the stability and performance of Chocolate Bash franchises in Arizona. A lack of terminations could be a positive indicator, suggesting that franchisees are generally successful and satisfied with their businesses.
However, it is important to consider this information in conjunction with other factors, such as the number of new openings, transfers, and overall financial performance of Chocolate Bash franchises. Further research and due diligence are essential to gain a comprehensive understanding of the franchise opportunity.