How many Chocolate Fish Coffee outlets were sold to 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 no outlets sold to franchisees in California during 2021. The FDD provides a table outlining outlet information by state and year, including the number of outlets sold to franchisees.
Specifically, for California in 2021, the table indicates that the number of Chocolate Fish Coffee outlets sold to franchisees was zero. This suggests that during that year, no existing Chocolate Fish Coffee locations in California were transferred from the company or existing franchisees to new franchisees.
This information is relevant for prospective franchisees as it provides insight into the stability and transfer activity within the Chocolate Fish Coffee franchise system in California. A lack of sales to franchisees could indicate various factors, such as franchisee satisfaction, limited resale opportunities, or a focus on new store openings rather than transfers.