How many Ella Cafe outlets were transferred from franchisees to new owners in 2022?
Ella_Cafe Franchise · 2024 FDDAnswer from 2024 FDD Document
| State | Number of Transfers | |
|---|---|---|
| Year | ||
| All States | 2021 | 0 |
| 2022 | 0 | |
| 2023 | 0 | |
| Total | 2021 | 0 |
| 2022 | 0 | |
| 2023 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 47–49)
What This Means (2024 FDD)
According to Ella Cafe's 2024 Franchise Disclosure Document, there were no transfers of outlets from franchisees to new owners in 2022. The provided table specifically tracks these transfers for the years 2021, 2022, and 2023.
This information is crucial for potential franchisees as it provides insight into the stability and desirability of existing Ella Cafe franchises. A high number of transfers could indicate issues with profitability, franchisee satisfaction, or other systemic problems within the franchise network. The absence of transfers in 2022 suggests a stable franchise system during that period.
It is important to note that this data only reflects transfers to new owners and does not include instances where the franchise was reacquired by Ella Cafe itself or closed down. Therefore, while no transfers occurred, other changes in ownership or outlet status might have taken place. Reviewing other tables in Item 20, such as those detailing outlet openings, closures, and terminations, can provide a more comprehensive understanding of franchise activity.