What was the number of Cinnaholic outlets at the start of 2024 in Florida?
Cinnaholic Franchise · 2025 FDDAnswer from 2025 FDD Document
| North Carolina | 2022 | 0 | | | 2023 | 1 | | | 2024 | 2 | | Texas | 2022 | 1 | | | 2023 | 0 | | | 2024 | 2 | | Washington | 2022 | 0 | | | 2023 | 0 | | | 2024 | 1 | | Total | 2022 | 5 | | | 2023 | 4 | | | 2024 | 11 |
Table No. 3 Status of Franchised Outlets For Years 2022/2023/2024
| State | Year | Outlets at Start of Year | Outlets Opened | Termi nations | Non Renewals | Reacquired by Franchisor | Ceased Operations Other Reasons | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|---|
| AL | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 55–61)
What This Means (2025 FDD)
According to Cinnaholic's 2025 Franchise Disclosure Document, at the start of 2024, there were 4 Cinnaholic outlets in Florida. This number is based on the information provided in Item 20, which details the number of outlets at the start and end of each year, as well as any openings, closures, or transfers that occurred during the year. This information is crucial for potential franchisees to understand the brand's growth and stability in specific regions.
The data shows that in 2022, Cinnaholic had 2 outlets at the start of the year, opened 1, had 1 reacquired by the franchisor, resulting in 2 outlets at the end of the year. In 2023, there were 2 outlets at the start of the year, 2 opened, resulting in 4 at the end of the year. However, in 2024, while there were 4 outlets at the start of the year, 2 ceased operations for other reasons, leaving 2 outlets at the end of the year.
For a prospective franchisee, this information highlights the importance of understanding the local market dynamics and the reasons behind outlet closures. While the number of outlets increased in 2023, the decrease in 2024 indicates potential challenges in maintaining successful operations in Florida. It would be beneficial for a potential franchisee to investigate the reasons for these closures and assess the market conditions in their specific target location to mitigate similar risks.