What was the net change in the number of franchised Cinnaholic outlets during 2023?

According to Cinnaholic's 2025 Franchise Disclosure Document, the net change in the number of franchised outlets during 2023 was an increase of 15 locations. At the start of 2023, there were 65 franchised Cinnaholic outlets, and by the end of the year, this number had grown to 80. This indicates a healthy expansion of the franchise system during that period.

For a prospective franchisee, this growth trend can be seen as a positive sign. It suggests that the Cinnaholic business model is attractive to new franchisees and that existing locations are performing well enough to encourage further investment in the brand. However, it's important to note that past performance is not necessarily indicative of future results. A potential franchisee should still conduct thorough due diligence, including reviewing the performance of existing locations and understanding the competitive landscape in their target market.

It is also important to consider the reasons behind outlet changes. While the overall number of franchised locations increased, it would be prudent to investigate whether any locations closed or ceased operations during this period. The FDD provides further details on the status of franchised outlets, including openings, terminations, and non-renewals, which can offer a more comprehensive picture of the health and stability of the Cinnaholic franchise system. Reviewing this data in conjunction with the net change provides a more nuanced understanding of franchise growth.