How many Endless Summer Sweets franchised outlets were terminated in 2023?
Endless_Summer_Sweets Franchise · 2024 FDDAnswer from 2024 FDD Document
The following is a list of the franchisees who have had an unit terminated, cancelled, transferred, not renewed or otherwise voluntarily or involuntarily ceased to do business under a franchise agreement during the most recently completed fiscal year or who have not communicated with Franchisor within 10 weeks of the application date:
None.
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, there were no terminations of franchised outlets in 2023. Table 3, 'Status of Franchised Outlets For Years 2021 to 2023', shows that the number of franchised outlets remained at zero for 2021, 2022 and 2023.
Table 4, 'Status of Company-Owned Outlets For Years 2021 to 2023', shows that the number of company-owned outlets remained at one for 2021, 2022 and 2023.
Additionally, the 'List of Terminated Franchisees' states that there were no units terminated, cancelled, transferred, not renewed, or otherwise ceased to do business under a franchise agreement during the most recently completed fiscal year.