What was the total number of Chocolate Fish Coffee franchise transfers in 2021?
Chocolate_Fish_Coffee Franchise · 2024 FDDAnswer from 2024 FDD Document
[Item 20: OUTLETS AND FRANCHISEE INFORMATION]
| State | Column 2 | Number of Transfers |
|---|---|---|
| Year | ||
| N/A | 2021 | 0 |
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 franchise transfers in 2021. The table provided in Item 20 of the FDD, titled "OUTLETS AND FRANCHISEE INFORMATION", indicates that under the column "Number of Transfers" for the year 2021, the value is 0.
This means that no existing Chocolate Fish Coffee franchises were sold or transferred to new owners during that year. For a potential franchisee, this could indicate stability within the franchise system, or it could also suggest a limited market for resales.
It is important to note that this data only reflects transfers to new owners other than the franchisor. Transfers back to Chocolate Fish Coffee itself would be categorized differently, such as 'Outlets Reacquired from Franchisee'.