How many franchised Cordova outlets were operating at the start of 2022?
Cordova Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change | |
|---|---|---|---|---|---|
| Franchised | 2022 | 0 | 0 | 0 | |
| 2023 | 0 | 0 | 0 | ||
| 2024 | 0 | 0 | 0 | ||
| Company Owned | 2022 | 1 | 1 | 0 | |
| 2023 | 1 | 1 | 0 | ||
| 2024 | 1 | 1 | 0 | ||
| Total Outlets | 2022 | 1 | 1 | 0 | |
| 2023 | 1 | 1 | 0 | ||
| 2024 | 1 | 1 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 41–44)
What This Means (2025 FDD)
According to Cordova's 2025 Franchise Disclosure Document, at the start of 2022, there were zero franchised outlets operating. The provided table in Item 20 of the FDD outlines the systemwide outlet summary for the years 2022 to 2024, and it indicates that the number of franchised outlets at the beginning of 2022 was zero. This suggests that Cordova may have been a relatively new franchise system or that it had not yet begun franchising its business model at that time.
For a prospective franchisee, this information is crucial as it provides insight into the growth and maturity of the franchise system. The absence of franchised outlets at the start of 2022 could imply a higher risk for franchisees joining the system during or shortly after that year, as there may have been limited operational history or support available from established franchisees. It is important to note that while there were no franchised locations, Cordova did have one company-owned outlet in operation during 2022.
It would be prudent for potential franchisees to investigate further into Cordova's franchising strategy and growth plans. Understanding why there were no franchised outlets at the beginning of 2022 and how the franchise system has evolved since then can help in assessing the potential risks and opportunities associated with investing in a Cordova franchise. Additionally, prospective franchisees should inquire about the support and training provided to new franchisees, especially in the absence of a well-established network of existing franchisees.