How many company-owned Endless Summer Sweets outlets were open at the end of 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, there was one company-owned outlet. The FDD provides a table outlining the status of company-owned outlets from 2021 to 2023. Throughout this period, the number of company-owned outlets remained constant.
Specifically, the table shows that Endless Summer Sweets started 2023 with one company-owned outlet and ended the year with one company-owned outlet. This indicates that no new company-owned stores were opened, nor were any closed during the year.
For a prospective franchisee, this information provides insight into the company's growth strategy and its emphasis on franchising versus corporate ownership. The fact that the number of company-owned stores has remained stable over the past three years may suggest a preference for expanding through franchising rather than direct company investment.