How many Endless Summer Sweets outlets were at the end of 2023?
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 2023, there was a total of one outlet. This single outlet was company-owned; there were no franchised locations open at that time. This information is derived from the 'Systemwide Outlet Summary For Years 2021 to 2023' table within Item 20 of the FDD.
Specifically, the table provides a breakdown of both franchised and company-owned outlets. For franchised outlets, the numbers remained at zero for 2021, 2022, and 2023. For company-owned outlets, the number remained constant at one for the same three-year period. The 'Total Outlets' row reflects the sum of franchised and company-owned locations, which was one at the end of 2023.
For a prospective franchisee, this data indicates that Endless Summer Sweets is a relatively new franchise system with limited operational history. The fact that there was only one company-owned store until the end of 2023 suggests that the franchisor may still be in the early stages of developing and refining its business model. A potential franchisee might want to inquire about the franchisor's plans for growth and support for new franchisees, given the limited number of existing locations.