How many Cilantro Taco Grill franchise transfers occurred in 2022?
Cilantro_Taco_Grill Franchise · 2024 FDDAnswer from 2024 FDD Document
| Column 1 | Year | Number of Transfers |
|---|---|---|
| State | ||
| 2021 | 0 | |
| 2022 | 0 | |
| 2023 | 0 | |
| 2021 | 0 | |
| 2022 | 0 | |
| 2023 | 0 |
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 zero franchise transfers in 2022. The provided table, titled 'Transfers of Outlets From Franchisees to New Owners (Other than the Franchisor) For Years 2021 to 2023,' indicates that no franchise outlets were transferred to new owners during that year. This suggests that no existing franchisees sold their Cilantro Taco Grill businesses to other parties in 2022.
For a prospective franchisee, this information could be interpreted in several ways. On one hand, a lack of transfers could indicate stability within the franchise system, with franchisees holding onto their businesses. On the other hand, it could suggest a limited market for resales, potentially making it more difficult to exit the franchise system if desired.
It's important to note that this data only reflects transfers to new owners other than the franchisor. The franchisor may have reacquired locations, which would not be reflected in this transfer data. A prospective franchisee should inquire about the reasons for the lack of transfers and whether the franchisor has a policy or process for facilitating resales.