How many total Cordova outlets were operating at the end of 2024?
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 end of 2024, there was a total of one outlet operating. This single outlet was company-owned, with no franchised outlets in operation. The FDD provides a system-wide outlet summary for the years 2022 to 2024.
Specifically, the data shows that for the franchised outlets, the number at the start of 2024 was zero, and the number at the end of 2024 remained zero, resulting in a net change of zero. For company-owned outlets, the number at the start of 2024 was one, and the number at the end of 2024 was also one, with a net change of zero.
Therefore, the total number of Cordova outlets (franchised and company-owned) at the end of 2024 was one. This indicates that Cordova's franchise system was very small at the time the FDD was drafted, with only a single company-owned location in operation.