How many Endless Summer Sweets outlets opened in California during 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 |
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 new Endless Summer Sweets outlets opened in California during 2023. The provided table tracks the status of franchised outlets from 2021 to 2023. It indicates that the number of outlets opened in California was zero during this period.
Specifically, the table details the number of outlets at the start of each year, the number of outlets opened, outlets reacquired from franchisees, outlets closed, outlets sold to franchisees, and the number of outlets at the end of the year. For California in 2023, the table shows one outlet at the start of the year and zero outlets opened, resulting in one outlet at the end of the year. This indicates no new openings during that year.
Prospective franchisees should note that while no new outlets opened in California during 2023, the FDD also includes projections for future openings. Another table indicates that Endless Summer Sweets anticipates opening two new franchised outlets in California in the next fiscal year. This suggests potential growth in the region, although these are only projections and not guaranteed outcomes.
It is important for potential franchisees to consider both the historical data and the projected openings when evaluating the opportunity. While past performance is not indicative of future results, it provides valuable context. Further investigation into the reasons for the lack of openings in 2023 and the basis for the projected openings could be beneficial.