How many Chocolate Fish Coffee outlets were opened in California during 2021?
Chocolate_Fish_Coffee Franchise · 2024 FDDAnswer from 2024 FDD Document
| State | Year | Column 3 | Outlets Opened | Column 5 | Outlets Closed | Outlets Sold to Franchisee | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|
| Outlets at | Outlets | ||||||
| the Start | Reacquired | ||||||
| of the | from | ||||||
| Year | Franchisee | ||||||
| California | 2021 | 3 | 0 | 0 | 0 | 0 | 3 |
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 outlets opened in California during 2021. The table regarding the status of franchised outlets from 2021 to 2023 indicates that there were zero franchised outlets at the start of 2021 and zero at the end of 2021.
Another table provides information regarding the status of company-owned outlets for the years 2021 to 2023. This table shows that in California, there were three company-owned Chocolate Fish Coffee outlets at the start of 2021 and three at the end of 2021. The 'Outlets Opened' column shows a zero for 2021, meaning no new company-owned outlets were opened during that year.
This data indicates that Chocolate Fish Coffee did not open any new franchised or company-owned locations in California during 2021. A prospective franchisee should note that past performance does not predict future outcomes, and they should research the brand's growth strategy for California and other markets.