What was the total number of Cinnaholic outlets at the end of 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 number of Cinnaholic outlets at the end of 2024 was 83. This number includes both franchised and company-owned locations. Specifically, there were 82 franchised outlets and 1 company-owned outlet in operation at the close of 2024. This indicates a net growth of 2 outlets during the year, with franchised locations increasing by 2 and company-owned locations remaining the same.
For a prospective franchisee, this information provides insight into the overall size and growth of the Cinnaholic franchise system. The fact that the majority of outlets are franchised suggests that Cinnaholic relies heavily on its franchisees for expansion. The relatively small net increase of 2 outlets in 2024, compared to larger increases in previous years (14 in 2023 and 15 in 2022), could indicate a slowing growth rate or a more selective approach to opening new locations. A potential franchisee should investigate the reasons behind this change in growth rate to assess future opportunities and challenges.
Furthermore, the state-by-state breakdown of outlet numbers can give potential franchisees an idea of where Cinnaholic is most established and where there may be room for further growth. For example, states like North Carolina (NC) had 10 outlets by the end of 2024, while others like Nebraska (NE) had only 1. This geographic distribution may influence a franchisee's decision on where to establish their own Cinnaholic location, considering factors like market saturation and brand recognition.
It is important to note that while the total number of outlets provides a general overview, prospective franchisees should also consider other factors such as the number of terminations, non-renewals, and ceased operations, as these can provide a more comprehensive understanding of the health and stability of the Cinnaholic franchise system. This information, combined with discussions with existing franchisees, can help potential investors make an informed decision.