How many Endless Summer Sweets outlets opened in 2021?
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 | 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 |
Table 2 Transfers of Outlets from Franchisees to New Owners (other than the Franchisor) For Years 2021 to 2023
| State | Column 2 | Number of Transfers | |---|---|---| | | Year | | | NOT | 2021 | 0 | | APPLICABLE | | | | | 2022 | 0 | | | 2023 | 0 | | Total | 2021 | 0 | | | 2022 | 0 | | | 2023 | 0 | Table 3 Status of Franchised Outlets For Years 2021 to 2023
| State | Column 2 Year | Column | Column 4 Outlets Opened | Column 5 Termi- Nations | Column 6 Non- Renewals | Reacquired by Franchisor | Ceased Operations – Other Reasons | Column 9 Outlets at End of the Year | |---|---|---|---|---|---|---|---|---| | | | 3 | | | | | | | | | | Outlets | | | | | | | | | | at the | | | | | | | | | | Start of | | | | | | | | | | the | | | | | | | | | | Year | | | | | | | | NOT | 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | APPLICABLE | | | | | | | | | | | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | Totals | 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Table 4 Status of Company-Owned Outlets For Years 2021 to 2023
| 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 |
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, no franchised outlets opened in 2021. Table 3, "Status of Franchised Outlets For Years 2021 to 2023," indicates that there were zero franchised outlets opened during that year.
Table 1, "Systemwide Outlet Summary For Years 2021 to 2023," shows that there was one company-owned outlet in operation at the start of 2021, and that number remained constant throughout the year. This means that no additional company-owned stores were opened. The total number of outlets also remained at one, confirming that the system did not expand in 2021.
Table 4, "Status of Company-Owned Outlets For Years 2021 to 2023," further supports this by showing that the single company-owned outlet in California did not change in number during 2021. Therefore, a prospective franchisee can infer that Endless Summer Sweets did not open any new locations, either franchised or company-owned, in 2021.