What was the net change in the number of total Cilantro Taco Grill outlets during 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, the net change in the number of total outlets during 2021 was an increase of 2. This is based on an increase in company-owned stores, as the number of franchised outlets remained at zero.
Specifically, at the start of 2021, there were 9 company-owned Cilantro Taco Grill outlets. By the end of 2021, this number had increased to 11. The number of franchised outlets remained at 0 throughout 2021.
This information is crucial for potential franchisees as it provides insight into the growth and expansion of Cilantro Taco Grill. The fact that all growth in 2021 came from company-owned stores could indicate a strategic decision by the franchisor or could reflect challenges in attracting franchisees during that period. A prospective franchisee should inquire about the reasons behind this distribution of growth and the franchisor's plans for future franchise expansion.