How many Endless Summer Sweets franchised outlets were open at the end of 2021?
Endless_Summer_Sweets Franchise · 2024 FDDAnswer from 2024 FDD Document
| 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 | 0 | 0 | 0 | |
| 2023 | 0 | 0 | 0 | |
| Company-Owned | 2021 | 1 | 1 | 0 |
| 2022 | 1 | 1 | 0 | |
| 2023 | 1 | 1 | 0 | |
| Total Outlets | 2021 | 1 | 1 | 0 |
| 2022 | 1 | 1 | 0 | |
| 2023 | 1 | 1 | 0 |
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 2021, there were zero franchised outlets open. The provided table, "Systemwide Outlet Summary For Years 2021 to 2023," indicates that the number of franchised outlets at the start of 2021 was zero, and the number at the end of 2021 remained zero, with a net change of zero. This suggests that Endless Summer Sweets had not yet begun franchising as of the end of 2021.
For a prospective franchisee, this information is crucial as it indicates the relative newness of the franchise system. A system with no operating franchised outlets may present both opportunities and risks. The opportunity lies in potentially being among the first to establish the brand in a new market. The risk, however, is that there is no established track record of franchised operations to evaluate.
It would be prudent for a potential Endless Summer Sweets franchisee to conduct thorough due diligence, including inquiring about the performance of the company-owned outlet and the franchisor's plans for supporting new franchisees. Understanding the franchisor's strategy for growth and franchisee support will be essential in assessing the viability of the franchise opportunity.