How many Endless Summer Sweets company-owned outlets were sold to franchisees in 2023?
Endless_Summer_Sweets Franchise · 2024 FDDAnswer from 2024 FDD Document
| State | Column 2 Year | Column 3 Outlets at the Start of the Year | Column 4 Outlets Opened | Outlets Reacquired from Franchisee | Column 6 Outlets Closed | Outlets Sold to Franchisee | Column 8 Outlets at End of the Year |
|---|---|---|---|---|---|---|---|
| 2021 | 1 | 0 | 0 | 0 | 0 | 1 | |
| California | 2022 | 1 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 1 | |
| 2021 | 1 | 0 | 0 | 0 | 0 | 1 | |
| Totals | 2022 | 1 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 1 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 35–38)
What This Means (2024 FDD)
According to the 2024 Endless Summer Sweets Franchise Disclosure Document, there were no company-owned outlets sold to franchisees in 2023. The provided table regarding the status of company-owned outlets from 2021 to 2023 indicates that the number of company-owned outlets remained constant at one throughout this period.
Specifically, the table shows that Endless Summer Sweets had one company-owned outlet at the start of 2023 and one at the end of 2023, with a net change of zero. This suggests that no company-owned outlets were sold to franchisees during that year.
Another table provides a breakdown by state, showing that in California, where the company-owned outlet was located, there were zero outlets sold to franchisees in 2023. This confirms that Endless Summer Sweets did not sell any of its company-owned stores to franchisees during the specified year.