How many Chop5 Salad Kitchen company-owned outlets were opened in Ohio in 2021?
Chop5_Salad_Kitchen Franchise · 2024 FDDAnswer from 2024 FDD Document
| TABLE 2 - TRANSFERS OF OUTLETS FROM FRANCHISEES TO NEW OWNERS (OTHER THAN THE FRANCHISOR) | |||
|---|---|---|---|
| FOR YEARS 2021 TO 2023 | |||
| State | Year | Number of Transfers | |
| Total | TABLE 3 - STATUS OF FRANCHISED OUTLETS FOR YEARS 2021 TO 2023 | 2021 2022 2023 | 0 0 0 |
| State | Yea |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 48–50)
What This Means (2024 FDD)
According to Chop5 Salad Kitchen's 2024 Franchise Disclosure Document, there were no company-owned outlets opened in Ohio during 2021. The FDD provides a table outlining the status of company-owned outlets from 2021 to 2023, showing the number of outlets at the start of the year and the number of outlets opened in each state.
Specifically, for Ohio in 2021, the table indicates that there was one company-owned Chop5 Salad Kitchen outlet at the start of the year, and zero new outlets were opened. This suggests that Chop5 Salad Kitchen did not expand its company-owned presence in Ohio during that year.
Prospective franchisees can use this information to understand the growth patterns of company-owned stores versus franchised locations. It's important to note that while no company-owned stores opened in Ohio in 2021, the company did open one company-owned store in Ohio in 2023. This data helps provide a picture of Chop5 Salad Kitchen's corporate expansion strategy and focus areas.