How many Endless Summer Sweets company-owned outlets were at the end of the year in 2023?
Endless_Summer_Sweets Franchise · 2024 FDDAnswer from 2024 FDD Document
Table 1 Systemwide Outlet Summary For Years 2021 to 2023
| Outlet Type | Year | Column 3 | Column 4 | Net Change |
|---|---|---|---|---|
| Outlets at the Start of the Year | Outlets at the End of the Year | |||
| Franchised | 2021 | 0 | 0 | 0 |
| 2022 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 35–38)
What This Means (2024 FDD)
According to Endless Summer Sweets's 2024 Franchise Disclosure Document, at the end of 2023, Endless Summer Sweets had one company-owned outlet. The FDD provides a table outlining the status of company-owned outlets from 2021 to 2023. In 2023, there was one company-owned outlet at the start of the year and one at the end, indicating no net change during the year.
This information is valuable for prospective franchisees as it provides insight into the company's direct involvement in operating outlets. A consistent number of company-owned stores can suggest stability in the brand's corporate operations. However, with only one company-owned store, it may be difficult to extrapolate much data for comparison.
It is important to note that while the FDD provides historical data on company-owned outlets, it does not offer specific details on the performance or financial metrics of these outlets. A prospective franchisee may want to inquire about the role and function of the company-owned store. Understanding the purpose of the company-owned store and its performance relative to franchised locations could be a key consideration for anyone considering investing in an Endless Summer Sweets franchise.