How many Costa Vida Fresh Mexican Grill outlets were re-acquired in Utah during 2024?
Costa_Vida_Fresh_Mexican_Grill Franchise · 2025 FDDAnswer from 2025 FDD Document
the event that occurred last in time.
# This franchise was purchased by a franchisee from our Affiliate.
Table No. 4 Status of Affiliate-owned Outlets For Years 2022 to 2024
| Col. 1 State | Col. 2 Year | Col. 3 Outlets at Start of Year | Col. 4 Outlets Opened | Col. 5 Outlets Reacquired from Franchisee | Col. 6 Outlets Closed | Col.
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 63–66)
What This Means (2025 FDD)
According to Costa Vida Fresh Mexican Grill's 2025 Franchise Disclosure Document, there were 2 outlets re-acquired in Utah during 2024. This means that Costa Vida Fresh Mexican Grill took over the operation of two previously franchised locations within the state.
For a potential franchisee, this information is relevant for a few reasons. First, it provides insight into the stability and performance of existing franchises. Re-acquisitions could indicate underperforming locations or strategic decisions by Costa Vida Fresh Mexican Grill to consolidate operations or change market approaches. Secondly, it shows the willingness of Costa Vida Fresh Mexican Grill to step in and manage locations directly, which could be a safety net for franchisees facing difficulties.
It's important to note that re-acquisition doesn't necessarily reflect negatively on the franchise system. It could be a proactive measure to ensure brand consistency or to optimize operations in specific markets. However, a high number of re-acquisitions might warrant further investigation into the reasons behind these actions. A prospective franchisee should inquire with Costa Vida Fresh Mexican Grill about the circumstances surrounding these re-acquisitions to fully understand the implications.