What was the total number of Ella Cafe outlets opened in Florida during the year 2023?
Ella_Cafe Franchise · 2024 FDDAnswer from 2024 FDD Document
| State | Year | Outlets at | Outlets Opened | Outlets | Outlets Closed | Outlets Sold to Franchisee | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|
| the Start | Reacquired | ||||||
| of the | From | ||||||
| Year | Franchisee | ||||||
| Florida | 2021 | 1 | 0 | 0 | 0 | 0 | 1 |
| 2022 | 1 | 0 | 0 | 0 | 0 | 1 | |
| 2023 | 1 | 1 | 0 | 0 | 0 | 2 | |
| Totals | 2021 | 1 | 0 | 0 | 0 | 0 | 1 |
| 2022 | 1 | 0 | 0 | 0 | 0 | 1 | |
| 2023 | 1 | 1 | 0 | 0 | 0 | 2 |
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 was one outlet opened in Florida during 2023. At the start of 2023, there was one outlet, and by the end of the year, there were two. There were no outlets reacquired from a franchisee or outlets sold to a franchisee during this time.
This information is useful for potential franchisees to understand the growth and changes in the number of Ella Cafe outlets in Florida. The fact that one new outlet opened suggests some expansion in the region.
It is important to note that this data only reflects the specific period of 2023 and may not be indicative of future growth rates. Prospective franchisees should further investigate the reasons behind the opening of the outlet and consider other factors, such as market conditions and competition, before making a decision.