How many company-owned Cinnaholic outlets were operating at the start of 2023?
Cinnaholic Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at the Start of | Outlets at the | Net Change |
|---|---|---|---|---|
| the Year | End of the Year | |||
| Franchised | 2022 | 51 | 65 | +14 |
| 2023 | 65 | 80 | +15 | |
| 2024 | 80 | 82 | +2 | |
| Company | 2022 | 1 | 2 | +1 |
| Owned | 2023 | 2 | 1 | -1 |
| 2024 | 1 | 1 | 0 | |
| Total | 2022 | 52 | 67 | +15 |
| Outlets | 2023 | 67 | 81 | +14 |
| 2024 | 81 | 83 | +2 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 55–61)
What This Means (2025 FDD)
According to Cinnaholic's 2025 Franchise Disclosure Document, there were 2 company-owned Cinnaholic outlets at the start of 2023. The table provided in Item 20 of the FDD outlines the status of both franchised and company-owned outlets for the years 2022, 2023, and 2024. This information is useful for prospective franchisees to understand the scale of Cinnaholic's corporate operations compared to its franchised locations.
The data shows that while the number of franchised Cinnaholic locations increased significantly from 2022 to 2024, the number of company-owned stores remained relatively stable, with a slight decrease in 2023. This could indicate Cinnaholic's strategic focus on expanding through franchising rather than direct corporate ownership. A potential franchisee might consider this when evaluating the level of support and competition they might expect from the franchisor directly.
It's important to note that the number of company-owned stores decreased from 2 to 1 during 2023. This could be due to various reasons, such as the closure of an underperforming store or the conversion of a company-owned store into a franchise. Understanding the reasons behind these changes can provide valuable insights into Cinnaholic's operational strategies and the overall health of the franchise system. A prospective franchisee may want to inquire about the reasons for these changes to better assess the stability and growth potential of the Cinnaholic franchise.