How many Cilantro Taco Grill outlets were open in Illinois at the start of 2021?
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 |
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 9 Cilantro Taco Grill outlets open in Illinois at the start of 2021. During 2021, 2 new Cilantro Taco Grill outlets opened in Illinois, and no outlets closed. This brought the total number of Cilantro Taco Grill outlets in Illinois to 11 by the end of 2021.
This information is valuable for prospective franchisees as it provides insight into the brand's presence and growth in a specific state. The fact that Cilantro Taco Grill added two locations in Illinois during 2021 could indicate a growing market and brand recognition in that area.
It's important to note that these were company-owned stores, as the FDD indicates that there were zero franchised outlets at the start of 2021. A prospective franchisee should consider the performance of these existing company-owned stores as an indicator of potential success for a franchised location.