What is the total number of Chocolate Fish Coffee outlet transfers in 2022?

According to Chocolate Fish Coffee's 2024 Franchise Disclosure Document, there were zero outlet transfers in 2022. The provided table tracks transfers of outlets from franchisees to new owners, excluding transfers to the franchisor. This indicates that no existing Chocolate Fish Coffee franchises were sold to new franchisees during that year.

This information is crucial for potential franchisees as it provides insight into the stability and desirability of existing Chocolate Fish Coffee franchise locations. A high number of transfers might suggest that franchisees are struggling or looking to exit the system, while a low number, as in this case, could indicate satisfaction among current owners.

It's important to note that this data only reflects transfers to new owners and does not include closures, terminations, or sales back to Chocolate Fish Coffee. Reviewing these additional factors, also detailed in Item 20, provides a more comprehensive understanding of outlet turnover within the Chocolate Fish Coffee system. A prospective franchisee should investigate the reasons behind any transfers, closures, or terminations to assess the overall health and attractiveness of the franchise opportunity.