What was the net change in the total number of Chocolate Bash outlets during 2021?
Chocolate_Bash Franchise · 2024 FDDAnswer from 2024 FDD Document
[Item 20: OUTLETS AND FRANCHISEE INFORMATION]
| 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, the net change in the total number of outlets during 2021 was an increase of one location. This is based on the total number of outlets starting the year at four and ending the year at five.
Specifically, the number of franchised Chocolate Bash outlets increased by one, from one at the start of 2021 to two at the end of the year. The number of company-owned Chocolate Bash outlets remained constant at three throughout 2021.
For a prospective franchisee, this indicates a modest growth in the Chocolate Bash system during 2021. While not explosive, any growth can be seen as a positive sign of the brand's development.