How many Chocolate Fish Coffee outlets were at the start of 2021 in California?
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 3 Chocolate Fish Coffee outlets in California at the start of 2021. The FDD provides a table outlining the number of outlets at the start of the year, outlets opened, outlets reacquired from franchisees, and the number of outlets at the end of the year for the years 2021, 2022, and 2023.
Specifically, for California in 2021, the table indicates that there were 3 outlets at the beginning of the year. During 2021, no additional outlets were opened, none were reacquired from franchisees, and the year concluded with 3 outlets. This suggests that the number of Chocolate Fish Coffee locations in California remained constant throughout 2021.
Prospective franchisees can use this information to understand the historical growth and stability of Chocolate Fish Coffee in California. A consistent number of outlets might indicate a stable market presence, but further investigation into sales figures and market analysis would be needed to assess the overall health and potential of the franchise in that region.