For Endless Summer Sweets, what were the total outlets at the start 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 start of 2023, there was a total of 1 outlet. This total consisted of 1 company-owned outlet and 0 franchised outlets.
This indicates that Endless Summer Sweets had a very limited number of locations at the beginning of 2023, with all existing operations being directly managed by the company rather than through franchisees. A potential franchisee should recognize that the brand is relatively new.
Prospective franchisees should inquire about the performance of the existing company-owned location to gain a better understanding of the brand's potential and the support that Endless Summer Sweets provides to its franchisees. They should also investigate the reasons behind the lack of franchised locations and the company's strategy for expanding its franchise network.