What was the total number of Chocolate Bash outlets at the end of 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, at the end of 2022, there were a total of 7 Chocolate Bash outlets. This number includes both franchised and company-owned stores. Specifically, there were 4 franchised outlets and 3 company-owned outlets in operation at the close of 2022.
For a prospective franchisee, this indicates the overall size and scale of the Chocolate Bash system during that period. It's important to note the breakdown between franchised and company-owned locations, as this can reflect the company's strategy and priorities. A higher number of company-owned stores might suggest a greater degree of corporate control or a focus on direct operation, while a higher number of franchised locations could indicate a growth strategy centered on expanding through franchising.
Tracking the growth of Chocolate Bash outlets from 2021 to 2023 shows the changes in the number of both franchised and company-owned locations. This information can help potential franchisees understand the brand's growth trajectory and stability. Reviewing these figures over several years provides a clearer picture of the franchise's expansion and sustainability.