How many Chocolate Fish Coffee franchise agreements have been signed in Arizona, but the outlet has not yet opened?
Chocolate_Fish_Coffee Franchise · 2024 FDDAnswer from 2024 FDD Document
| State | Column 2 | Column 3 | Projected New Company- Owned Outlets in the Next Fiscal Year |
|---|---|---|---|
| Franchise Agreements Signed but Outlet Not Opened | Projected New Franchised Outlets in the Next Fiscal Year | ||
| Arizona | 0 | 1 | 0 |
| California | 0 | 1 | 0 |
| Totals | 0 | 2 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 38–41)
What This Means (2024 FDD)
According to Chocolate Fish Coffee's 2024 Franchise Disclosure Document, as of the end of the last fiscal year, there were no franchise agreements signed in Arizona for which the outlet had not yet opened. This means that Chocolate Fish Coffee has not yet begun operations with franchisees in Arizona.
However, the FDD does indicate future plans for expansion in Arizona. The document projects one new franchised outlet in Arizona in the next fiscal year. This suggests that while there are currently no pending openings, Chocolate Fish Coffee anticipates establishing a presence in the state soon.
Prospective franchisees should note that these are just projections and are subject to change. It would be prudent to inquire with Chocolate Fish Coffee about their specific timeline and plans for development in Arizona to gain a clearer understanding of the opportunity and potential challenges.