How many Cilantro Taco Grill outlets were reacquired by the franchisor in 2021?
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 zero franchised outlets reacquired by the franchisor in 2021. The provided table, titled "System-wide Outlet Summary For Years 2021 to 2023", indicates that under the column "Reacquired by Franchisor" for the year 2021, the value is 0. This means that Cilantro Taco Grill did not take back any franchised locations during that year.
This information is relevant for prospective franchisees as it provides insight into the stability and relationship between Cilantro Taco Grill and its franchisees. A high number of reacquired franchises could indicate potential issues with franchisee success or franchisor-franchisee relations. The absence of reacquired franchises in 2021 suggests a stable franchise system at that time.
It is important to note that this data only reflects the number of reacquired franchised outlets and does not include information on company-owned stores. The FDD also includes tables showing the status of company-owned outlets and transfers of outlets to new owners, which provide a more comprehensive view of outlet activity within the Cilantro Taco Grill system. Reviewing these tables in conjunction with the franchised outlet data can give potential franchisees a better understanding of the overall health and dynamics of the franchise network.