How many Cilantro Taco Grill outlets were reacquired by the franchisor in 2022?
Cilantro_Taco_Grill Franchise · 2024 FDDAnswer from 2024 FDD Document
2 | 0 | | | 2023 | 0 | Table No. 3 Status of Franchised Outlets For Years 2021 to 2023
| 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 | Table No. 4 Status of Company Owned* Outlets For Years 2021 to 2023
| 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.
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 49–51)
What This Means (2024 FDD)
According to the 2024 Cilantro Taco Grill Franchise Disclosure Document, there were zero outlets reacquired by the franchisor in 2022. This data is reflected in two separate tables within Item 20.
One table provides a system-wide outlet summary for the years 2021 to 2023, showing no reacquired outlets in any of those years. Another table specifically details outlet information for Illinois, where Cilantro Taco Grill had existing locations. This table also indicates that zero outlets were reacquired in Illinois during 2021, 2022, and 2023.
For a prospective franchisee, this indicates that Cilantro Taco Grill has not been reacquiring existing franchise locations. This could suggest a stable franchise system where franchisees are generally successful and not relinquishing their locations back to the company. However, it is important to consider this information in conjunction with other factors, such as terminations, non-renewals, and transfers, to get a complete picture of franchise performance and stability.