What was the total number of Cilantro Taco Grill outlets in Illinois at the end of 2023?
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, there were 15 total Cilantro Taco Grill outlets in Illinois at the end of 2023. The table provided in Item 20 of the FDD details the outlet count changes in Illinois over the previous three years.
The information shows that in 2023, Cilantro Taco Grill started the year with 13 outlets in Illinois and opened 2 additional outlets. There were no outlets reacquired from franchisees, no outlets closed, and no outlets sold to franchisees during that year. This resulted in a total of 15 outlets at the end of 2023.
For a prospective franchisee, this data indicates a steady growth of Cilantro Taco Grill in Illinois. It is important to note that these are company-owned stores, as the franchise had no franchised outlets during the years 2021-2023. The FDD also projects the opening of 3 new franchised outlets in Illinois for the next fiscal year.