In what state were Chocolate Fish Coffee outlets transferred from franchisees to new owners in 2022?
Chocolate_Fish_Coffee Franchise · 2024 FDDAnswer from 2024 FDD Document
| 3 | +1 | | | 2022 | 3 | 3 | 0 | | | 2023 | 3 | 3 | 0 | Table 2 Transfers of Outlets from Franchisees to New Owners (other than the Franchisor) For Years 2021 to 2023
| State | Column 2 | Number of Transfers | |---|---|---| | | Year | | | N/A | 2021 | 0 | 
What This Means (2024 FDD)
According to Chocolate Fish Coffee's 2024 Franchise Disclosure Document, there were no transfers of outlets from franchisees to new owners in 2022. Table 2, titled "Transfers of Outlets from Franchisees to New Owners (other than the Franchisor) For Years 2021 to 2023," indicates that the number of such transfers was zero in 2022. This suggests that no Chocolate Fish Coffee franchise locations changed hands from one franchisee to another during that year.
Additionally, Table 3, "Status of Franchised Outlets For Years 2021 to 2023," shows that there were zero franchised outlets at the start and end of 2022, with no net change. This further supports the absence of any transfers of franchised outlets to new owners during that period.
Table 4, "Status of Company-Owned Outlets For Years 2021 to 2023," shows that in 2022, there were three company-owned outlets in California, with no outlets opened, reacquired from franchisees, or sold to franchisees. The number of outlets remained at three at the end of the year. This indicates that while there were company-owned outlets, none were transferred from franchisees to new owners in 2022.