What was the total number of Chocolate Bash outlets at the end of 2023?
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, the total number of outlets at the end of 2023 was 11. This number includes both franchised and company-owned outlets.
Specifically, the FDD indicates that there were 8 franchised outlets and 3 company-owned outlets at the close of 2023. This information is crucial for potential franchisees as it provides a snapshot of the brand's footprint and growth trajectory.
Understanding the distribution between franchised and company-owned stores can offer insights into Chocolate Bash's business model and strategic priorities. A higher number of franchised locations might suggest a focus on expansion through partnerships, while a significant number of company-owned stores could indicate a desire for greater control over operations and brand consistency.