How many Cilantro Taco Grill outlets in Illinois were reacquired from franchisees in 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 no re acquisitions of Cilantro Taco Grill outlets in Illinois from franchisees during 2022. The provided table shows that in 2022, the number of outlets reacquired from franchisees was zero.
This information is relevant for prospective franchisees as it provides insight into the stability and success rate of existing Cilantro Taco Grill franchises. A high number of re acquisitions could indicate potential issues with the franchise system, such as lack of profitability or franchisee dissatisfaction. The absence of re acquisitions in Illinois during 2022 suggests a stable franchise environment in that state.
It is important to note that this data only reflects the situation in Illinois for the year 2022. Prospective franchisees should also consider the overall system-wide performance and trends over multiple years to gain a comprehensive understanding of the franchise's health and stability. They should also investigate the reasons behind any re acquisitions in other states or years to assess the potential risks and challenges associated with owning a Cilantro Taco Grill franchise.