How many Cilantro Taco Grill outlets were operating at the start of 2021?
Cilantro_Taco_Grill Franchise · 2024 FDDAnswer from 2024 FDD Document
FRANCHISEE INFORMATION**
Table No. 1 System-wide Outlet Summary For Years 2021 to 2023
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| Franchised | 2021 | 0 | 0 | 0 |
| 2022 | 0 | 0 | 0 | |
| 20 |
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 company-owned outlets and zero franchised outlets at the start of 2021. This means that the total number of Cilantro Taco Grill outlets operating at the beginning of 2021 was 9.
For a prospective franchisee, this indicates that Cilantro Taco Grill was primarily operating company-owned stores at that time. This could suggest that the franchise system was relatively new or that the company was focusing on establishing its brand through company-owned locations before expanding through franchising.
It's important to note that while there were no franchised outlets at the start of 2021, the company-owned stores were all located in Illinois. This information is valuable for potential franchisees as it provides insight into the company's growth strategy and market presence during that period.