How many total Chocolate Bash franchised outlets opened during 2022?
Chocolate_Bash Franchise · 2024 FDDAnswer from 2024 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| Franchised | 2021 | 1 | 2 | +1 |
| 2022 | 2 | 4 | +2 | |
| 2023 | 4 | 8 | +4 | |
| Company-Owned | 2021 | 3 | 3 | 0 |
| 2022 | 3 | 3 | 0 | |
| 2023 | 3 | 3 | 0 | |
| Total Outlets | 2021 | 4 | 5 | +1 |
| 2022 | 5 | 7 | +2 | |
| 2023 | 7 | 11 | +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 a total of 2 franchised outlets opened in 2022. This is based on the systemwide outlet summary table, which tracks the changes in both franchised and company-owned Chocolate Bash locations. The table shows the number of franchised outlets at the start and end of the year, as well as the net change.
Specifically, the table indicates that the number of franchised Chocolate Bash outlets increased from 2 at the beginning of 2022 to 4 by the end of the year. This represents a net increase of 2 franchised locations during that year. This information is valuable for potential franchisees as it provides insight into the growth and expansion of the Chocolate Bash franchise system.
Additionally, another table in the FDD provides a breakdown of outlet openings by state. In California, 2 Chocolate Bash outlets opened in 2022. However, this table only provides state-specific data and does not give a system-wide total for new franchise openings. Therefore, the systemwide outlet summary table provides a more comprehensive view of franchise growth across the entire Chocolate Bash system.