How many Chocolate Fish Coffee franchise transfers occurred in 2022?
Chocolate_Fish_Coffee Franchise · 2024 FDDAnswer from 2024 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| 2022 | 0 | |
| 2023 | 0 | |
| Total | 2021 | 0 |
| 2022 | 0 | |
| 2023 | 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, there were zero franchise transfers in 2022. The table provided in Item 20 of the FDD details the number of franchise transfers for the years 2021, 2022, and 2023.
This indicates that no existing Chocolate Fish Coffee franchisees sold their businesses to new owners during that year. A lack of transfers could mean that franchisees are generally satisfied with their businesses, or it could indicate a lack of demand from potential buyers.
A prospective franchisee should consider this information when evaluating the opportunity. It may be beneficial to inquire with Chocolate Fish Coffee about the reasons for the absence of transfers and the process for selling a franchise if the franchisee chooses to do so in the future.