In what state did Cilantro Taco Grill have the most company owned outlets 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 |
| 2022 | 11 | 2 | 0 | 0 | 0 | 13 | |
| 2023 | 13 | 2 | 0 | 0 | 0 | 15 | |
| Total | 2021 | 9 | 2 | 0 | 0 | 0 | 11 |
| 2022 | 11 | 2 | 0 | 0 | 0 | 13 | |
| 2023 | 13 | 2 | 0 | 0 | 0 | 15 |
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, at the start of 2021, the state with the most company-owned outlets was Illinois, with a total of 9 outlets. This information is detailed in a table that tracks the number of outlets in Illinois from 2021 to 2023. The table specifically shows the number of outlets at the start of each year, the number opened, and the number at the end of the year.
For a prospective franchisee, this indicates that Cilantro Taco Grill has a significant corporate presence in Illinois. This could mean greater brand recognition and established operational infrastructure in that state. It also suggests that Illinois might be a key market for the brand's growth strategy.
It is important to note that the company-owned stores are operated by an affiliate, as indicated by a footnote in the FDD. This distinction could have implications for how these stores are managed and how they interact with franchised locations. Franchisees should inquire about the nature of this affiliation and how it might affect their operations. Understanding the dynamic between company-owned and franchised locations is crucial for assessing the potential success of a franchise investment with Cilantro Taco Grill.