How many Chocolate Bash outlets in total experienced non-renewal in 2021?
Chocolate_Bash Franchise · 2024 FDDAnswer from 2024 FDD Document
tus of Franchised Outlets For years 2021 to 2023**
| 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 | | CA | 2021 | 1 | 1 | 0 | 0 | 0 | 0 | 2 | | | 2022 | 2 | 2 | 0 | 0 | 0 | 0 | 4 | | | 2023 | 4 | 2 | 0 | 0 | 0 | 0 | 6 | | Totals | 2021 | 1 | 1 | 0 | 0 | 0 | 0 | 2 | | | 2022 | 2 | 2 | 0 | 0 | 0 | 0 | 4 | | | 2023 | 4 | 4 | 0 | 0 | 0 | 0 | 8 | **Table 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, there were zero non-renewals of Chocolate Bash outlets in 2021. The provided table summarizes outlet data for Arizona and California, as well as system-wide totals. Specifically, the table tracks the number of outlets at the start of the year, outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, outlets that ceased operations for other reasons, and outlets at the end of the year.
For a prospective franchisee, this indicates that, at least for the period summarized in this table, Chocolate Bash franchisees have not experienced non-renewal of their franchise agreements. This could be interpreted as a positive sign, suggesting that franchisees are generally satisfied with their agreements and choose to renew them.
However, it is important to note that this data only covers the years 2021, 2022 and 2023, and past performance is not necessarily indicative of future results. A prospective franchisee should investigate further to understand the reasons behind franchise non-renewals, terminations, and closures, and to assess the overall health and stability of the Chocolate Bash franchise system.