How many franchised Chocolate Fish Coffee outlets were operating at the start of 2021?
Chocolate_Fish_Coffee Franchise · 2024 FDDAnswer from 2024 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Column 4 | Net Change |
|---|---|---|---|---|
| Outlets at the End of the Year | ||||
| Franchised | 2021 | 0 | 0 | 0 |
| 2022 | 0 | 0 | 0 | |
| 2023 | 0 | 0 | 0 | |
| Company-Owned | 2021 | 3 | 3 | 0 |
| 2022 | 3 | 3 | 0 | |
| 2023 | 3 | 3 | 0 | |
| Total Outlets | 2021 | 2 | 3 | +1 |
| 2022 | 3 | 3 | 0 | |
| 2023 | 3 | 3 | 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, at the start of 2021, there were zero franchised outlets. The provided table regarding the status of franchised outlets from 2021 to 2023 indicates that the number of franchised Chocolate Fish Coffee locations at the beginning of 2021 was 0. Furthermore, no franchised outlets opened during that year.
This suggests that Chocolate Fish Coffee may have been primarily focused on company-owned stores or was not actively franchising at that time. A prospective franchisee should investigate why there were no franchises operating at the beginning of this period. It could indicate a relatively new franchise program or a strategic decision to focus on corporate-owned locations.
It's important to note that while there were no franchised locations, Chocolate Fish Coffee did have company-owned outlets. The FDD indicates that at the start of 2021, there were 3 company-owned stores in California. This detail provides some context to the overall Chocolate Fish Coffee system, even though it doesn't directly relate to franchised units.