How many Cilantro Taco Grill franchises were terminated in 2022?
Cilantro_Taco_Grill Franchise · 2024 FDDAnswer from 2024 FDD Document
| State | Column 2 | Outlets at Start of Year | Outlets Opened | Terminations | Non- renewals | Reacquired by Franchisor | Ceased Operations - Other Reasons | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|---|
| Year | ||||||||
| None | 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Total | 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 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 no franchise terminations in 2022. The provided table regarding outlets and franchisee information indicates that under the 'Terminations' column for the year 2022, the value is 0. This suggests that no Cilantro Taco Grill franchises were terminated during that year.
This information is crucial for potential franchisees as it can provide insights into the stability and success rate of Cilantro Taco Grill franchises. A low number of terminations may indicate that franchisees are generally satisfied with their investment and the support provided by the franchisor. It is important to note that this data only reflects terminations and does not account for other reasons why a franchise might cease operations, such as non-renewals or reacquisition by the franchisor.
Prospective franchisees should consider this information in conjunction with other factors, such as the number of new outlets opened and the overall financial performance of the franchise system. It is also advisable to speak with current and former franchisees to gain a more comprehensive understanding of their experiences and the reasons for any terminations or closures. While the FDD indicates no terminations, further investigation can provide a more complete picture of franchise health.