What was the total net change in the number of Cinnaholic outlets during 2024?
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, the total net change in the number of Cinnaholic outlets during 2024 was an increase of 2. This is calculated from 81 outlets at the start of the year and 83 at the end of the year. Of these, franchised outlets increased by 2, while company-owned outlets remained the same.
It's important to note that while the total number of outlets increased, there were also changes within specific states. For example, Arkansas saw a decrease of 1 outlet due to ceased operations, while other states like Alabama, Idaho, and Michigan remained unchanged. North Carolina saw an increase of 2 outlets. These changes at the state level indicate that while Cinnaholic is growing overall, individual locations may face challenges.
Prospective franchisees should carefully consider these factors and conduct thorough research into the specific market conditions in their desired location. Understanding the reasons behind outlet closures or lack of growth in certain areas can provide valuable insights into the potential risks and opportunities associated with opening a Cinnaholic franchise.