In 2021, how many company-owned Cilantro Taco Grill outlets closed?
Cilantro_Taco_Grill Franchise · 2024 FDDAnswer from 2024 FDD Document
| Col. 1 State | Col. 2 Year | Col. 3 Outlets at Start of Year | Col. 4 Outlets Opened | Col. 5 Outlets Reacquired from Franchisees | Col. 6 | Col. 7 Outlets Sold to Franchisees | Col. 8 Outlets at End of the Year |
|---|---|---|---|---|---|---|---|
| Outlets Closed | |||||||
| Illinois | 2021 | 9 | 2 | 0 | 0 | 0 | 11 |
| 2022 | 11 | 2 | 0 | 0 | 0 | 13 | |
| 2023 | 13 | 2 | 0 | 0 | 0 | 15 | |
| Total | 2021 | 9 | 2 | 0 | 0 | 0 | 11 |
| 2022 | 11 | 2 | 0 | 0 | 0 | 13 | |
| 2023 | 13 | 2 | 0 | 0 | 0 | 15 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 49–51)
What This Means (2024 FDD)
According to Cilantro Taco Grill's 2024 Franchise Disclosure Document, in 2021, no company-owned Cilantro Taco Grill outlets closed. The provided table shows that in 2021, there were 9 company-owned outlets at the start of the year, 2 outlets opened, and 11 outlets at the end of the year. The column for 'Outlets Closed' indicates a value of 0 for that year.
This information is crucial for potential franchisees as it provides insight into the stability and performance of company-owned stores. A history of closures could indicate operational or financial challenges within the company-owned business model, which might concern prospective franchisees. The absence of closures in 2021 suggests a degree of stability, at least for that specific year.
It's important to note that this data only reflects a single year. A more comprehensive assessment would require examining closure rates over a longer period to identify any trends or patterns. While the FDD provides data for multiple years, focusing on 2021 gives a snapshot of that specific period. Franchisees should consider this information in conjunction with other factors, such as overall system growth and financial performance, to make an informed decision about investing in a Cilantro Taco Grill franchise.