How many company-owned Cilantro Taco Grill outlets were opened in Illinois during 2022?
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, there were two company-owned outlets opened in Illinois during 2022. The number of company-owned Cilantro Taco Grill outlets in Illinois increased from 11 at the start of 2022 to 13 by the end of the year. This indicates a growth in company-owned operations within the state.
For a prospective franchisee, this information is useful for understanding the existing market presence and expansion strategy of Cilantro Taco Grill. The fact that the company is opening its own outlets in Illinois could signal a strong belief in the market's potential. It also suggests that Cilantro Taco Grill is willing to invest directly in the region.
However, it's important to note that the FDD also states that company-owned stores are operated by affiliated entities. This means that while these outlets are not directly owned by the franchisor, they are still under its control through an affiliate. Franchisees should inquire about the nature of these affiliated entities and how they might impact franchise operations in Illinois. Understanding the relationship between the franchisor and its affiliates can provide a clearer picture of the competitive landscape and support available to franchisees.