How many franchised Eriks Delicafe outlets were operating at the start of 2021?
Eriks_Delicafe Franchise · 2024 FDDAnswer from 2024 FDD Document
| State | Year | Outlets at Start of the Year | Outlets Opened | Terminations | Non-Renewals | Reacquired by Franchisor | Ceased Operations For Other Reasons | Outlets at End of Year |
|---|---|---|---|---|---|---|---|---|
| CA | 2021 | 26 | 1(1) | 0 | 0 | 0 | 1(1) | 26 |
| 2022 | 26 | 1 | 0 | 0 | 0 | 1 | 26 | |
| 2023 | 26 | 0 | 0 | 0 | 0 | 0 | 26 | |
| Totals | 2021 | 26 | 1(1) | 0 | 0 | 0 | 1(1) | 26 |
| 2022 | 26 | 1 | 0 | 0 | 0 | 1 | 26 | |
| 2023 | 26 | 0 | 0 | 0 | 0 | 0 | 26 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 37–38)
What This Means (2024 FDD)
According to Eriks Delicafe's 2024 Franchise Disclosure Document, there were 26 franchised outlets operating at the start of 2021. This number remained constant through 2021, with one outlet opening and one ceasing operations for other reasons, resulting in 26 franchised outlets at the end of the year.
For a prospective franchisee, this indicates a stable franchise network size for Eriks Delicafe during 2021. While there was some turnover with an outlet opening and another closing, the overall number of franchised locations remained the same. This could suggest a mature market presence with limited expansion or contraction during that period.
It's important to note that the table provides a snapshot of outlet activity in California. The footnote clarifies that one outlet opening was offset by one ceasing operations for other reasons. A potential franchisee should investigate the reasons behind the outlet closure to understand any potential risks or challenges in specific locations. Further due diligence, including speaking with current and former franchisees, is advisable to gain a comprehensive understanding of the Eriks Delicafe franchise system's performance and stability.