How many Chocolate Fish Coffee outlets were reacquired from franchisees 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 reacquired from franchisees in California during 2021. The table provided in Item 20 of the FDD details the status of franchised outlets from 2021 to 2023. For California in 2021, the table indicates that zero outlets were reacquired from franchisees.
This information is crucial for potential franchisees as it provides insight into the stability and relationship between Chocolate Fish Coffee and its franchisees. A high number of reacquired outlets could indicate potential issues with the franchise model or franchisee performance. The absence of reacquired franchises in California during 2021 suggests a stable franchise environment.
It is important to note that this data only reflects the situation in California for the year 2021. Prospective franchisees should review the complete table, including data from other years and states, to gain a comprehensive understanding of franchise reacquisition trends within the Chocolate Fish Coffee system. Additionally, speaking with current and former franchisees can provide valuable context to these figures.